Real Term Logistics Acquires Industrial Property In Nassau County For $17.5M

A 52,050 square foot industrial property located at 275-280 Oak Drive in Nassau County has been sold for $17,500,000. The transaction took place on May 21, 2021. The property was purchased by Real Term Logistics, represented by Ben Andreycak and Derek Fish. The sale price of $17,500,000 reflects a price per square foot of $336.

Summary of transaction details

• Property Type: Industrial
• Sale Price: $17,500,000
• Square Footage: 52,050
• Market: Nassau County
• Buyer: Real Term Logistics - Ben Andreycak & Derek Fish
• Seller's Representatives: Thomas DeLuca, Frank Frizalone & Nicholas Gallipoli
• Broker: Thomas DeLuca, Frank Frizalone & Nicholas Gallipoli - CushWake

The property located at 275-280 Oak Drive in Nassau County was sold to Real Term Logistics, with Ben Andreycak and Derek Fish representing the buyer. The sale price of $17,500,000 reflects a cost of $336 per square foot. Thomas DeLuca, Frank Frizalone, and Nicholas Gallipoli from CushWake served as the seller's representatives in this transaction.