Meridian Capital Group

Meridian Capital Group completes $37.6 million sale of industrial asset

June 13, 2022

Newington, CT Meridian Capital Group’s Abie Kassin, Lipa Lieberman, Ikey Betesh, and Morris Betesh closed on the sale of 353 Alumni Rd., a 614,610 s/f industrial property situated on 77 acres of land. 

The nearly 615,000 s/f, fully stabilized property features a short-term lease with below-market rents and has significant value-add potential. Meridian’s Kassin, Lieberman, and David Schechtman procured the buyer and Morris Betesh, and Ikey Betesh represented the seller.

“This transaction demonstrates Meridian’s ability to quickly identify buyers with specific needs that align with our client’s expectations. Our longstanding relationship with both the buyer and seller was key to closing this transaction in an efficient manner,” said Meridian senior executive managing director, Morris Betesh.

Featuring:
Abie Kassin
Managing Director
Investment Sales
(212)468-5909
[email protected]
Lipa Lieberman
Managing Director
Investment Sales
(212)468-5908
[email protected]
Morris Betesh
Senior Managing Director
Origination
(212)612-0105
[email protected]
Read Article
Recent Articles | Back to News

NewPoint Lends $61M on Suburban Philly Multifamily Acquisition

Article
June 13, 2022

Kelly Park VB Development Lands $50M for 259-acre Assemblage in Orlando

Article
June 13, 2022

Meridian Announces Slew of Senior Care Transactions

Article
June 13, 2022

Meridian Capital Group’s Senior Housing and Healthcare Team Closed $2.2 Billion in Transaction Volume Year-to-Date in 2022

Article
June 13, 2022

Meridian Closes Off-Market Deal for 421-a Williamsburg Multifamily

Article
June 13, 2022

Meridian Capital Group arranges $48 million in financing for 100 Lenox Rd.

Article
June 13, 2022