Firm acquires Westchester landmark.Marli Marli is a leading manufacturer of non carbonated drinks in Finland. In 2001, the German group Eckes-Granini acquired all shares in the company. Marli's assortment include juice brands like Mehukatti, Juissi and Trip. Hartsdale LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control of Manhattan Manhattan, indigenous people of North America Manhattan (mănhăt`ən), indigenous people of North America of the Algonquian-Wakashan linguistic stock (see Native American languages). has acquired the 45,800 s/f Westchester office building located at 200 Central Avenue in Hartsdale from an investment fund for $6.5 million. This transaction marks the entrance into the office property market for Marli Partners, whose principals, Joseph Genovesi and Stephen Dadourian, have extensive real estate transaction, investment and management experience. The property, situated on 3.5 acres, is a suburban Class A-/B+ office building with office space on three floors. The property is widely recognized as one of the finest quality and best-located professional office buildings in the Hartsdale market. "This is a terrific office building with a wonderful reputation," says Mr. Genovesi. "The acquisition is a major boon Boon A general term that refers to a benefit or improvement for investors. This can include such things as increased dividends, a stock market rally and stock buybacks. Notes: to our company, as well as to our investors." Mr. Dadourian adds, "The property is unlike any other on Central Avenue, and we are looking forward to maximizing its potential." The building is currently 99 percent occupied by tenants representing a diverse mix of professional businesses. The building dates back to 1926 and was originally used as an elementary school elementary school: see school. . |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion