Local #7 Plumbers & Steamfitters owned their facility at 307 Wolf Rd. for 20 years. However, positive growth of their business and training programs led to their need for a larger facility. Conley Associates was retained as a buyer broker. Conley assisted in identifying the requirements and market options, as well as negotiating and facilitating a purchase for a suitable property. Local #7 closed on the 16,000 s/f building at 18 Avis Dr. for $950,000.
Business manager Ed Nadeau said, "Conley Associates was instrumental in the purchase of our new facility. Their experience and skills were invaluable for the multi-aspects of a commercial property acquisition."
Douglas Marr, CCIM, of Conley brokered the deal. The facility was purchased from Jim DeBerry.
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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