Lundberg of NAI James E. Hanson represents seller in $3.32 million sale
NAI James E. Hanson represented the seller of 500 Corporate Dr. The 38,500 s/f property, situated on a 5.7-acre lot, traded for $3.32 million.
The industrial/flex facility features 15,500 s/f of warehouse space; 10,500 s/f for flex/ assembly space; and 12,500 s/f for office use. The site boasts a 17-ft. ceiling height, three tailgates, one drive-in, and 65 parking spaces.
NAI James E. Hanson senior VP Kenneth Lundberg, SIOR, represented the seller, MSS Associates, LLC. Mark Siegler and Marc Hirschinger of Cassidy Turley represented the buyer, ARC Global Holdings, LLC t/a Globalsoft Digital Solutions, Inc.
"A big selling factor was that 500 Corporate Dr. has flex space for this flourishing business to expand," said Lundberg. "The site is well located, close to major roadways, and also within a low tax municipality providing additional savings to the new owner."
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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