Community Updates

Wenner Property/New Industrial Warehouses

2-21-24

UPDATE:  THE WENNER BREAD FACTORY BUILDING AT 33 RAJON ROAD HAS BEEN LEASED TO BAKERY PROCESSING SOLUTIONS FOR A 15-YEAR, FULL-BUILDING LEASE.  THIS MEANS THAT A PREVIOUS PLAN TO RAZE THE BAKERY WAREHOUSE AND CONSTRUCT A NEW WAREHOUSE ON THIS PROPERTY HAS BEEN SCRAPPED.  THIS IS GREAT NEWS FOR THE RESIDENTS OF BME WHO WILL NOT BE EXPOSED TO CONSTRUCTION DEBRIS, NOISE FROM RAZING THE BUILDING, AND POTENTIAL NOISE AND AIR QUALITY ISSUES.  READ ABOUT IT BELOW:

Metropolitan Realty Associates Buys Cold Storage Facility in Bayport, New York for $12.6M

February 21, 2024

BAYPORT, N.Y. — Metropolitan Realty Associates (MRA) has purchased a 75,000-square-foot cold storage facility in the Long Island community of Bayport for $12.6 million. Commercial baker Europastry formerly occupied the facility at 33 Rajon Road, which was originally built in 1986, according to LoopNet Inc. Building features include a clear height of 40 feet, 35,000 square feet of freezer space, 11 loading docks and two drive-in doors. Nick Gallipoli of Cushman & Wakefield represented the undisclosed seller in the transaction. Doug Omstrom of JLL represented MRA, which has subsequently inked a 15-year, full-building lease with Bakery Processing Solutions.

(THIS ARTICLE WAS PULISHED IN REBUSINESS ONLINE 2-21-24)

2-7-23