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| 100 and 110 Crystal Run Road, Hudson Valley, Middletown, NY |
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| 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 | www.hfflp.com
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