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Coladonato of Hudson Valley Brokers Sale of 60,000 SF Buildings at Stewart Field, Newburgh, NY


Date Posted: March 2, 2018

Coladonato of Hudson Valley Brokers Sale of 60,000 SF Buildings at Stewart Field, Newburgh, NY

Cushman & Wakefield / Pyramid Brokerage Company is pleased to announce the sale of 15 Governor Drive & 51 Assembly Way located in Stewart Field, Newburgh, New York. The sale included two buildings with a total of 60,000 square feet on leased land of ± 6.4 acres.

“This was not an easy deal to close,” said realtor John Coladonato, Director of Sales at Pyramid’s Newburgh office, who represented the purchaser, “but because the two NYSCAR brokers worked closely and diligently to overcome numerous obstacles, it got done.” Coladonato further explained, “However, we could not have brokered this sale if it were not also for the dedicated efforts of the seller and buyer, both of whom worked together as a team to bring this across the finish line. I wish both the seller and the new owner all the best. I will use this deal as an example to show our Hudson Valley Team what happens when all parties work cohesively together to get it done. Well done to all! I am proud to have been a part of this accomplishment.”

The seller was represented by John Lavelle of Rand Commercial Services. The property sold for $4 million.

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