Perfit of Pyramid’s Hudson Valley Office finalizes lease with United Technologies/Pratt & Whitney

Town of Wallkill, Orange County, NY:  Stephen J. Perfit, CCIM, SIOR, Senior Executive Director and Associate Real Estate Broker with the Hudson Valley office finalized a 10 year lease of 71,500 SF with the option to purchase at 225 Tower Drive in the Orange County Town of Wallkill, NY between Frassetto Companies (225 Tower Drive Associates) as landlord and United Technologies / Pratt & Whitney, Aerospace Division as tenant.  The total project will be a capital investment of $140,000,000 and has received an incentive package from Empire State Development and Orange County IDA.