A New Jersey investor wants to stake a claim to the Long Island industrial real estate market by buying 100 Newtown Rd. This 15,000 s/f industrial facility was represented by Tom Attivissimo, CCIM of Greiner Maltz Co., of LI, Inc. which CW-Plainview, LLC from New Jersey paid all cash for. They currently have over 3 million s/f in the northeast and Texas, however wanted to expand their holding to Long Island. They intend to completely renovate the facility and offer it for rent with a new tenant installation and possible subdivisions. Attivissimo said, "With easy access to the expressway by exit 48 and in the heart of the Plainview industrial park, 100 Newtown Road will make a great new corporate headquarters for a midsize industrial user."

David Hunt of Hunt Property Services represented the purchaser. Tags: