September 5, 2018 Comments Off on BEB Readies North Shore Industrial for Major Upgrade Views: 3661 New York News, Tri-State Area New York

BEB Readies North Shore Industrial for Major Upgrade

Order Reprints...

BEB Capital has acquired 55 Harbor Park Dr., a 56,745-square-foot industrial building on a three-acre site in Port Washington, NY, on Long Island’s North Shore. The property was purchased for $9.35 million from Harpark Associates, a local investment group, and BEB plans a significant upgrade.

“Demand for industrial space on Long Island is at an all-time high, making this asset class more valuable than ever,” said Lee Brodsky, BEB Capital’s CEO. “In this tight market, Long Island is quickly becoming a preferred location for businesses seeking to serve New York City’s vast market, as well as national and international markets.”

Built in 1984, 55 Harbor Park features 26-foot-high ceilings and five loading docks. Among the upgrades BEB plans are raised ceiling heights and increased storage capacity. NKF’s Dan Oliver will handle leasing efforts.

Connect With BEB’s Brodsky

Connect With NKF’s Oliver

Subscribe to Connect Daily New York

For comments, questions or concerns, please contact Paul Bubny

Tags: , ,

Comments are closed.

Send this to a friend