Friday, October 7, 2016

HFF closes $8 million sale of two buildings in New York’s Hudson Valley region

100 and 110 Crystal Run Road, Hudson Valley, Middletown, NY

Rob Hincklley
NEW YORK, NY –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $8.0 million sale of two adjacent buildings totaling 68,831 square feet in the Hudson Valley community of Middletown, New York.

The offering consists of 100 and 110 Crystal Run Road, which are located in the healthcare-focused district of Middletown, near the recently completed Orange Regional Medical Center.

 The properties have immediate access to Interstate 84 as well as close proximity to Route 17, Interstate 87 and the Port Jervis Line, a commuter rail line offering access to Manhattan. 

The 43,518-square-foot 100 Crystal Run Road is fully leased to law, consulting and healthcare companies, including DaVita Dialysis Center and Cornerstone Environmental Group, which operates its national headquarters at the property.  110 Crystal Run Road is a 95-percent-leased office building totaling 24,480 square feet.  Major tenants include Orange Regional Medical Center and Prime Time Early Learning Center. 

The HFF investment sales team representing the seller was led by managing director Rob Hinckley, directors Stephen Simonelli and Michael Oliver and senior managing director Jose Cruz.

For a complete copy of the company’s news release, please contact:

Kristen Murphy
Director, Marketing
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
tel 617.848.1572 | fax 617.338.2150 |

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