Prologis Acquires 17-Acre Development Site In Bethpage From Northrop Grumman For $51.2M
600 Grumman Road West
Development Site
Sold 1 year ago
Summary
Prologis, a global industrial real estate company, has acquired a development site in Bethpage, New York. The property, located at 600 Grumman Road West, spans 17 acres and was sold by Northrop Grumman.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $51,200,000
- Date: April 28, 2022
- Market: Bethpage
- Address: 600 Grumman Road West
The buyer of the property is Prologis, represented by Hamid Moghadam. Prologis is known for its expertise in industrial real estate and specializes in the development, leasing, and management of logistics facilities worldwide. On the other hand, Northrop Grumman, a leading global aerospace and defense technology company, acted as the seller in this transaction.
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600 Grumman Road West
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