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Amara Inc. Acquires Industrial Property In Congers, NY For $6.5M

25 Hemlock
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This Industrial property located in NY was sold for $6,500,000 about 3 years ago. The brokers of the deal were Marc Duval, Jose Cruz, and Jordan Avanzato

An industrial property located at 25 Hemlock in Congers, NY has been sold. The property spans 80,000 square feet and was sold for $6,500,000, resulting in a price per square foot of $81. The transaction took place on February 1, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $6,500,000
  • Address: 25 Hemlock, Congers, NY
  • Market: Congers, NY

The buyer of the property is Amara Inc., while the seller is Arc Capital Partners. The deal was facilitated by brokers Jose Cruz, Jordan Avanzato, Marc Duval, and Frank Recine from JLL.

View Related

Deals
  • Location
    25 Hemlock Drive, Congers, NY, USA25 Hemlock Drive, Congers, NY, USA
  • Sale Price
    $6,500,000$6,500,000
    $81 PPSF$81 PPSF
  • Area
    80,000 SF80,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Marc Duval

Marc Duval

Deals43
Sold$2.2B

Jordan Avanzato

Jordan Avanzato

Deals44
Sold$2.2B

Jose Cruz

Jose Cruz

Deals66
Financed$5.6B

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

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Deal Summary

SALE IMAGE: Marc Duval, Jordan Avanzato & Jose Cruz DATE: 02/01/2021 ADDRESS: 25 Hemlock MARKET: Congers, NY ASSET TYPE: Industrial BUYER: Amara Inc. SELLER: Arc Capital Partners BROKERS: Jose Cruz, Jordan Avanzato @jordavz7, Marc Duval, Frank Recine - JLL ASKING PRICE: $6,500,000 SALE PRICE: $6,500,000 SF: 80,000 ~ PPSF: $81

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25 Hemlock

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