Harold Baker & Co., Inc. has arranged first mortgage financing in the amount of $5 million for One Crosfield Avenue in West Nyck, New York. The property is a 48,600 square-foot, three-story first class office building completed in 1988. It is entirely leased to Du Pont and Fujifilm Electronic Imaging Co. Crosfield is in the Centerock Corporate Center located on Route 59 at Exit 8 of the Palisades Interstate Parkway in Rockland County. Also located in Centerock is Two Crosfield Avenue, an 80,000 square-foot office building completed in 1989 which is fully leased multi-tenant building. Centerock is managed by Gibraltar Management Company of Tarrytown, New York. The loan was placed with a major life insurance company.
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|Title Annotation:||Harold Baker and Company Inc. arrange first mortgage financing for office building in West Nyack, New York|
|Publication:||Real Estate Weekly|
|Date:||Dec 9, 1992|
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