The sale of the 81-unit apartment set a per-unit record for vintage apartment buildings in the area.

The deal, which closed at the end of 2018, was the largest industrial lease of the year.

Palwaukee Hospitality purchased the 108-room hotel for an undisclosed price.

"Fulton Market is continuing its transformation into one of the most sought-after areas in the country for prime office and retail space."

"Retail has always been an evolving property type and this center has just continued to keep up with the evolution."

Distinguishing between the two can impact property tax.

"The building has a strong first-class presence that would support their mission and satisfy their membership that the organization is good steward of the organization's resources."

The 119,680-square-foot building, which is located at 97971 Green Park Industrial Dr., was sold by an affiliate of private equity group Mohegan Capital.