Tag:

Private investment

Commercial Plaza With ShopRite Tenant  Sold For $8.175 Million Commercial Plaza With ShopRite Tenant  Sold For $8.175 Million
Commercial Plaza With ShopRite Tenant Sold For $8.175 Million A large ShopRite Plaza in the Hudson Valley has sold for $8.175 million. The 56,000-square-foot-plaza in Ulster County, located at 100 ShopRite Boulevard in Ellenville, was sold by Marcus & Millichap, through the company's Westchester office. The sale was handled by Joseph French Jr. and Kodi Traver, investment specialists who had the listing to market the property on behalf of a private investor.  John Krueger, regional manager for the Westchester office, assisted in closing this transaction. The property was originally under contract in February, but the sale fell through due t…
'The Hive,' $10M Development Planned For Poughkeepsie, Includes Food Mart, Brewery 'The Hive,' $10M Development Planned For Poughkeepsie, Includes Food Mart, Brewery
'The Hive,' $10M Development Planned For Poughkeepsie, Includes Food Mart, Brewery If plans continue as projected, Poughkeepsie residents will soon have a $10 million development where they will be able to shop, eat, enjoy a freshly brewed beer and even live. Called "The Hive," a partnership between MASS Design Group and R. L. Baxter Building Corporation, the developers and the city are hoping to offer downtown resident's a walkable, one-stop destination. Located at span 33 and 35 Academy St., the development recently received $1,205,00 in grant funds as part of the city's continuing efforts for development and green infrastructure projects, Mayor Rob Rolison said in a pr…