Paul and Samuel Adler of Rand Commercial Receive HV Chapter of NYSCAR Economic Development Dealmakers Award

 

 

Valley Cottage NY Paul Adler, Esq., SIOR and Samuel Adler were awarded the Economic Development Award for the successful transaction they brokered in connection with the sale of 400 Corporate Court, Valley Cottage NY.

This was a 50,000+/- s/f state of the art bus / transportation facility on 16.9+/-acres sold to Realterm; a company that owns and manages transportation real estate and infrastructure assets that serve land, air, sea and rail networks across the world.

“After 45+ years in the commercial Real Estate business, I am most proud of this deal for what it will bring to the local and NYS economy and humbled to share this award with my son Sam.” said Paul Adler, chief strategy officer of Rand Commercial

The sale of this property set an economic price record for Rockland County @ $257/ per s/f which will add almost $300,000 to the tax roles and add 75 jobs to the local economy.