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In Newburgh, Caldor opens 500,000 sf distribution ctr.


National Realty Developmemt Corp. of Purchase, New York Purchase, New York is a hamlet of the town of Harrison, in Westchester County. Its Zip code is 10577.

Purchase is home to Purchase College, which is part of the State University of New York system, Manhattanville College, a private liberal arts college, and the headquarters
, has announced the opening of Caldor Corp.'s new 500,000-square-foot distribution center at Northeast Business Center on Route 17K in Newburgh, New York.

The distribution center built for the exclusive use of Caldor is located on a 50.51-acre parcel within the 140 acre 1.475 million-square-foot Northeast BusinssCenter complex.

CaldorCorp. Searched for more than a year for a second major distribution facility to serve its expanding needs.

Caldor plans to add 60 new stores by 1995. They currently operate 136 stores in nine New England and Mid-Atlantic states. In 1991, Caldor posted sales of $1.87 billion and is traded on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
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Northeast Business Center is a triventure of National Realty & Development Corp., The Mack Company of Rochelle Park, New Jersey Rochelle Park is a township in Bergen County, New Jersey, United States. As of the United States 2000 Census, the township population was 5,528.

Rochelle Park was formed as a township by an Act of the New Jersey Legislature on November 5, 1929, replacing Midland Township,
, and the Robert Martin Company of Elmsford, New York Elmsford is a village in Westchester County, New York, United States. The population was 4,676 at the 2000 census. As a village, it is located in the Town of Greenburgh. The village is named after a large elm tree that once grew in the community.  who together have developed, own, and manage over 30 million square feet of commercial real estate.
COPYRIGHT 1993 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Caldor Inc. unveils 500,000 square foot distribution center in Newburgh, New York
Publication:Real Estate Weekly
Date:Jan 6, 1993
Words:164
Previous Article:Edward A. Kulikowski. (appointed vice president of commercial leasing for Owen A. Mandeville Inc.)
Next Article:999 Riverview Dr 100% leased. (George Kessel Associates expands lease to Bankers Mortgage Corp. and InterAccess Corp.)
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