47-51 Pine Camp Dr., Kirkwood, NY
SALE AND LEASE
Summary
With limited industrial inventory, Culberson was able to source the deal prior to public marketing.
Deal Size: 161,490 SF
Seller: Canopy Growth
Purchaser: Green Mountain Electrical Supply
Tenant: Rogers Service Group
Situation
Green Mountain Electric Supply was in need of a centralized distribution facility. Culberson was able to source off market opportunities in the Southern Tier Region by an exhaustive cold calling outreach program. GMES was in desperate need of a centralized distribution center to serve the Southern Tier, Central NY, and Western NY.
Strategy
Secure a purchase while simultaneously securing a tenant for the excess space within the building.
Result
Culberson was able to secure the initial acquisition of the site as well as facilitate a lease of 50% of the site as GMES scaled into the remainder of the building.