Christie’s International Real Estate Group is proud to announce a historic milestone in the industrial real estate market with the successful sale of a premier industrial portfolio in Mamaroneck, New York. The property, located along Fenimore Road and Railroad Way, closed at an impressive $29 million, marking the highest industrial sale in Westchester County’s history.
The portfolio encompasses 185,544 square feet of building space situated on 7.26 acres and is strategically positioned near major transportation routes, including I-95 and the Hutchinson River Parkway. This prime location enhances its appeal for logistics, distribution, and last-mile delivery—sectors experiencing significant growth.
This transaction reflects the rising demand for industrial properties in key strategic locations and highlights the strong potential for future returns. Positioned near major transportation routes like I-95 and the Hutchinson River Parkway, the portfolio is ideally situated for logistics, distribution, and last-mile delivery—sectors that continue to see rapid growth.
“In today’s challenging market, we’ve proven our ability to uncover high-value, off-market opportunities and match them with qualified, motivated buyers.” said Bryan Lanza, Director of Christie’s International Real Estate’s Commercial Division. “Our team’s discreet handling of transactions ensures our clients can trust us to manage both complex deals and portfolios with confidence and precision, allowing us to consistently unlock value for our clients.”
The success of this transaction reflects the strength and ongoing opportunities within the industrial real estate sector, particularly in desirable locations like Westchester County. Such properties are well-positioned for long-term value appreciation and strong rental yields.
“My goal for this Division has always been to foster a team-centric approach on every transaction. This deal is a prime example of that collaborative spirit, and I want to extend special recognition to Darren Lee and Ian Heyman, whose expertise and dedication were instrumental in securing this $29+ million transaction.” Lanza continued.
Christie’s International Real Estate’s Commercial Division had the honor of representing both the buyer and seller in this historic deal. Since its inception in April 2023, under the leadership of Bryan Lanza and his team, the Division has achieved notable successes, including this unprecedented industrial sale. The Division currently manages 63 active listings for sale and lease. For more information on Christie’s International Real Estate Group’s Commercial Division, visit https://crecire.com/.
About Christie’s International Real Estate Group
With more than 1,100 associates and 30 offices, Christie’s International Real Estate Group is the exclusive affiliate of Christie’s International Real Estate serving clients in New York, New Jersey and Connecticut. The company’s flagship office is located at 1 Rockefeller Plaza in Manhattan. With a brand legacy of more than 250 years, Christie’s International Real Estate maintains a close relationship with Christie’s, creating unique marketing opportunities and synergies between the worlds of high-end real estate, art and luxury goods. In addition to Christie’s International Real Estate Group’s local and regional real estate expertise in New York City and the tri-state area, the company is globally connected through the Christie’s real estate network across 50 countries with annual sales of more than $100 billion. As the premier global luxury real estate brand, Christie’s International Real Estate services clients at the highest level, with trust and integrity, providing passionate expertise and exceptional customer service. For further information, visit https://www.christiesrealestate.com/.
