Realterm Logistics closed on the acquisition of very functional and well located 120,000 SF final-mile distribution center in Melville, NY. The property’s combination of loading, parking and drive through capability make this asset unique for the market and ideal for final mile users servicing the dense populations of Long Island and New York City. The property also benefits from great access to major highways being located less than two miles from I-495. The facility is fully leased.
Highlights of the property include:
- 15 loading positions, 2 drive-in doors and 13 loading docks
- 146 parking spaces and 23 trailer parking spots
- 170’ truck courts
Daniel Gazzola and Chuck Tabone of NGKF represented the seller and facilitated the transaction.