Alterra Property Group Acquires Industrial Property In South Central Suffolk County For $4.6M | 93 Sills Road | John Giannuzzi, Thomas (Tom) DeLuca, Nicholas (Nick) Gallipoli, Frank Frizalone | Industrial | Sale

Summary

Sale

NEW YORK

Industrial

16,000 sqft

An industrial property located at 93 Sills Road in South Central Suffolk County was recently sold in a single tenant NNN lease investment sale. The property, zoned as L1, spans 16,000 square feet and was sold for a total of $4,600,000. The sale price equates to a per square foot value of $287. Alterra Property Group acquired the property.

Summary of transaction details

Property Type: Industrial - Single Tenant NNN Lease Investment Sale
Transaction Amount: $4,600,000
Address: 93 Sills Road
Market: South Central Suffolk County
Zoning: L1

The deal was facilitated by Cushman & Wakefield, with Thomas DeLuca, Frank Frizalone, Nicholas Gallipoli, and John Giannuzzi representing the buyer, Alterra Property Group.

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Players

All
5

Agents
4
Agencies
1

$15.6M Sold

$91.3M Sold

Nicholas (Nick) Gallipoli

Senior Director

$103M Sold

Frank Frizalone

Executive Director

$61.9M Sold

Details

Deal Summary

SOLD

IMAGE: Nicholas Gallipoli, Frank Frizalone, Thomas Deluca & John Giannuzzi DATE: 09/02/2021 ADDRESS: 93 Sills Road MARKET: South Central Suffolk County ASSET TYPE: Industrial - Single Tenant NNN Lease Investment Sale ~ ZONING: L1 BUYER: Alterra Property Group BROKERS: Thomas DeLuca, Frank Frizalone (@FrankFrizalone), Nicholas Gallipoli & John Giannuzzi - Cushman & Wakefield SALE PRICE: $4,600,000 SF: 16,000 ~ PPSF: $287

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Address93 Sills Road

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