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Warehouse & Distribution Facility and Related Assets in New Jers...

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Listing Information

Attachments

Warehouse & Distribution Facility and Related Assets in New Jersey



Price: $13,500,000.00


Other Item Info
Item #: nywbke_297851
Created: 06/24/2020
Category: Real Property > Commercial > Industrial Vacant Land/Building
Sale Date: Fri. Jul 10, 2020
Seller Info
Stephen A. Donato
Debtor's Attorney
One Lincoln Center
Syracuse, NY 13202
(315) 218-8000
Bankruptcy Info
Case #: 2:20-bk-20230
Case Title: Rochester Drug Cooperative, Inc.
Court: New York Western Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Real Estate Location

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116-117 Lehigh Drive, #3013
Fairfield, NJ, 07004

Description

Sale of commercial property and related assets located in New Jersey, and more described as belew:

(i) 116 and 117 Lehigh Drive, #3013, Fairfield, New Jersey: Warehouse/distribution facility and a parking lot located in Fairfield, New Jersey. The property has approximately 106,850 sqft of building size. The Property has a lot size of 4.59 acres and was built in 1986.

Features:

  • Property Type: Industrial - Warehouse/Distribution
  • Building Size: 106,850 SF
  • Lot Size: 4.59 AC
  • Built in 1986

(ii) Related Assets: The machinery, equipment, furnishings, and fixtures located at the Fairfield Facility.


Additional Details

  1. The Auction shall take place telephonically on July 10, 2020 at 10:00 a.m.
  2. Sale Hearing Held on July 17, 2020 at 11:00 a.m.
  3. Bid Amount: Includes a cash purchase price for the Purchased Assets that exceeds the $13,500,000.00 Stalking Horse Bid by the amount of $320,00.00.
  4. Bid Increment: $50,000.00
  5. Bid Deposit: 10% of the Qualified Bidder’s proposed Purchase Price
  6. Bid Deadline: July 7, 2020
  7. Last date to respond: July 14, 2020


Other Information

Terms and Conditions:

See Attached.


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