Commack, NY The Blumenfeld Development Group (BDG) have acquired a 21,000 s/f industrial building at 5 Brayton Ct. for $3.45 million. The building currently serves as a gymnastics studio and will be converted back to industrial.

The property is adjacent to the TJ Maxx Plaza, a BDG owned property located at Jericho Tpke. and Larkfield Rd.

“We continue to look at ways of growing and diversifying our portfolio of holdings throughout all sectors of the real estate development community,” said Brad Blumenfeld, vice president, BDG. “This acquisition further demonstrates our commitment to developing all properties throughout the tri-state area.”

David Pancetta, Kyle Burkhardt and Josh Cohen of Cushman & Wakefield brokered the transaction.

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