Valley Candle, formerly a division of Greenwich, CN-based Blythe Candles, opted for the space at 66-11 Otto Rd. because it fulfilled the company's main criteria: rail access. The property, which was leased by owner Ridgewood Realty LLC for $10 per square foot, is near railroad tracks and is large enough to accommodate the growing firm.
Hunter Realty managing director Gregory Kraut and Frank Zuckerbrot of Sholom & Zuckerbrot Realty LLC, who represented the tenant in the co-brokered transaction, negotiated with New York & Atlantic Railway to run connecting track directly to the building.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
