Aceto HQ in Port Washington sells for $8 million: NY Newsday
In a January 22, 2022 article in NY Newsday, reporter James T. Madore covers BEB Capital’s recent purchase of 4 Tri Harbor Court, a 47,700-square-foot building in Port Jefferson, NY, from chemicals supplier Aceto. The article quotes BEB’s CEO Lee J. Brodsky, who states that the $8 million acquisition is part of BEB’s strategy of “building its office and industrial [properties] portfolio throughout the Long Island area” and that “4 Tri Harbor Court provides a great opportunity to capitalize on industrial demand and renewed interest in suburban offices since the onset of the pandemic.” The article further notes that this acquisition was not part of BEB’s plan to buy up to $1 billion in offices, factories and warehouses in the Northeast with Boston private equity firm Rockpoint Group.
Read the complete NY Newsday article here: https://www.newsday.com/business/beb-capital-aceto-office-building-sale-8-million-1.50483939
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