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Westfall of Pyramid’s Syracuse office brokers sale of 400,000 ± SF power generation facility


Date Posted: April 28, 2014

Abacus Acquisition Corp. recently purchased the 400,000 ± SF industrial facility located at 720 Riverside Drive, Johnson City, NY from GMMM Holdings. The property, situated on 100 ± acres, sold in March 2014 for $1,400,000.   The facility was previously a 120 MWH coal fired power generation facility known as Westover Station.  The intended use by the new owner has not yet been determined, but they are considering all options including conversion to natural gas as a source of power generation.   Christopher Westfall of Pyramid Brokerage Company brokered this sale transaction.

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