Baker Companies sells Elmsford, Port Chester office parks
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- March
- 19
The Fairview Corporate Park in Elmsford and the Midland Business Park in Port Chester are part of a portfolio of properties that a division of The Baker Companies in Pleasantville has sold for $209 million, CB Richard Ellis said.
Baker Properties sold the portfolio of 25 buildings totaling 2 million square feet to Lighthouse Real Estate Ventures Inc. in West Hempstead, Long Island. In addition to the Westchester office buildings, the portfolio included property in New Jersey and Fairfield and New Haven counties in Connecticut.
The portfolio was 93 percent leased at the time of the sale. The Fairview Corporate Park includes six buildings on Fieldcrest Drive, Fairview Park Drive and Ridgewood Drive. The four Midland properties are on Midland Avenue and Slater Street.
This entry was posted
on Wednesday, March 19th, 2008 at 4:40 pm by Jerry Gleeson.
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