40 DOOR CROSS DOCK TRUCK TERMINAL SOLD FOR $4.6 MILLION, MONTGOMERY, NY

Broker Robert W. Scherreik, SIOR, CCIM, MCR and real estate salesperson James Desimone of Pyramid’s Hudson Valley office, together with Larry Casey, Managing Director with Cushman & Wakefield in New Jersey, recently facilitated the sale of 54 Stone Castle Road in Montgomery, NY on behalf of their client Blinn & Mazucca Realty LLC. The exclusively listed 18,860± SF cross loading dock terminal with 40 doors on 8.5 primarily paved acres sold for $4.6 million.

The new owner, Criterion Group LLC, is an investor in trucking and logistics facilities who seeks to take advantage of the strong demand for such space in strategically located Orange County, NY.