Deal Type: Sale
Deal Size: 75,000 sf at $5,500,000 or $73 p/sf
Deal Summary: As the industrial market tightens throughout the Capital Region many industrial users have been forced to consider adaptive reuses. This facility was originally constructed as an indoor soccer facility. It was uniquely positioned in the market with 42 ft clear ceiling heights and clear span construction. Unfortunately the building didn’t have a slab or loading docks so many industrial users overlooked the site.
PVA acquired the site after leasing their prior facility to Amazon. This aquisition took careful execution to fast track coordination for planning approval, IDA