Bronx, NY — The Blau & Berg Company, a commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, recently arranged the sale of 5 acres of land in Bronx, NY. Laura Crimmins of The Blau & Berg Company represented the buyer, Boston Post Realty LLC and Jason Crimmins, CCIM, SIOR, Alessandro Conte, SIOR, and Peter Murano, Jr., SIOR, of The Blau & Berg Company represented the seller, 4301 Boston Post Road LLC in this transaction. This property was purchased as a redevelopment project.
“It was a pleasure working with the purchasers to accomplish the acquisition of 4301 Boston Post Road,” said Laura Crimmins. “This transaction underscores the amount of demand for urban infill ‘last-mile’ investments,” adds Jason Crimmins of The Blau & Berg Company. “The value in properties, with close proximity to the demographics, port and coastal markets will continue to outpace the rest of the market.”