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Realterm Logistics Acquires Warehouse In Elmsford, Westchester For $70.25M

Property Image
SOLD
$70,250,000
Marc Duval
Jordan Avanzato
Jose Cruz

New York

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Other386,000 SF
Sold 03/01/2019
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Property Image
SOLD

Realterm Logistics Acquires Warehouse In Elmsford, Westchester For $70.25M

2 Warehouse Lane, Elmsford, Westchester County, NY, USA

See Similar Deals
Other386,000 SF
Sold 03/01/2019
Marc Duval
Jordan Avanzato
Jose Cruz
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Other
Price Per Square Foot:$182
Total Square Footage:386,000 SF
Transaction Type:Sale

A warehouse located at 2 Warehouse Lane in Elmsford, Westchester recently changed hands in a closed property transaction. The property, with a total square footage of 386,000, was sold for a price of $70,250,000. This puts the price per square foot at $182. The transaction took place on 03/01/2019.

Summary of transation details:

  • Property Type: Warehouse
  • Transaction Amount: $70,250,000
  • Address: 2 Warehouse Lane, Elmsford, Westchester
  • Market: Elmsford, Westchester
  • Seller: Mack-Cali Realty
  • Buyer: Realterm Logistics
  • Brokers: Jose Cruz, Jordan Avanzato, & Marc Duval - HFF
  • Square Footage: 386,000
  • Price per Square Foot: $182

The sale of this warehouse was facilitated by the brokers Jose Cruz, Jordan Avanzato, and Marc Duval from HFF. They represented both the seller, Mack-Cali Realty, and the buyer, Realterm Logistics, in the transaction.

Players

Jordan Avanzato
NAI James E. Hanson
Jordan Avanzato
52 deals$2.5B volume(214) 500-5627
BROKER
Jose Cruz
JLL
Jose Cruz
102 deals$7.9B volume(201) 240-7546
BROKER
Marc Duval
JLL
Marc Duval
47 deals$2.4B volume
BROKER
Mack-Cali Realty Corp
Mack-Cali Realty Corp
BROKERAGE
RL
Realterm Logistics
BUYER
Mack-Cali Realty Corp
Mack-Cali Realty Corp
SELLER

Details

SOLD
IMAGE: Jose Cruz, Jordan Avanzato and Marc Duval DATE: 03/01/2019 ADDRESS: 2 Warehouse Lane MARKET: Elmsford, Westchester ASSET TYPE: Warehouse SELLER: Mack-Cali Realty BUYER: Realterm Logistics BROKERS: Jose Cruz, Jordan Avanzato & Marc Duval - HFF PRICE: $70,250,000 SF: 386,000 ~ PPSF: $182

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Debt Service Coverage Ratio (DSCR)

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