Angelo Gordon and Onyx receive $94 million funding for New York Industrial Park
Bank of America has provided $94 million to Angelo Gordon and Onyx Equities for the purchase of Bradley Corporate Park which is a 17 building, 180-acre flex/industrial park in metro New York.
In addition, Cushman & Wakefield advised the buyers in procuring the acquisition financing.The Cushman & Wakefield Equity, Debt & Structured Finance team that represented Angelo Gordon and Onyx Equities in the loan procurement was led by John Alascio, Gideon Gil and Steve Kohn, alongside Sridhar Vankayala, Zachary Kraft and Emily Johansen.
Bradley Corportate Park is the 1.2 million square foot property. It is located at 500 Bradley Hill Road in Blauvelt, Rockland County.The actual sale, which closed in May, reportedly was the largest commercial acquisition in Rockland County since 2016.
Fulya Altunyay/[email protected]