The Renatus Group Acquires 55,789 Square Foot Industrial Property In Hicksville For $10M

The transaction involved the sale of an industrial property located at 840 South Broadway in Hicksville. The asset comprises 55,789 square feet and was sold for $10 million, with a price per square foot of $179.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,000,000
• Address: 840 South Broadway
• Market: Hicksville
• Square Footage: 55,789
• Price Per Square Foot: $179
• Buyer: The Renatus Group
• Seller: F.C. Properties
• Broker Representatives: Nicholas Gallipoli & Thomas DeLuca - Cushman & Wakefield

The Renatus Group completed this acquisition, marking the end of over 30 years of ownership of the property by F.C. Properties. The transaction features brokers Nicholas Gallipoli and Thomas DeLuca from Cushman & Wakefield who represented the parties involved.