Parking garage firm buys 32K sf industrial building in New Rochelle

March 28, 2019 01:13PM

A parking garage company has acquired a New Rochelle building that used to house a dry-cleaning business, the Westchester County Business Journal reported. Manhattan Parking Group bought the 32,000-square-foot building at 27 Centre Avenue from the family that owned it for more than five decades for an undisclosed sum, according to Greiner-Maltz Realty Advisors, which facilitated the sale. The New York-based company has already started renovating the industrial property and plans to lease it to “a business that could benefit from its proximity to the New Rochelle Metro North Railroad Station, and easy access to 1-95,” Greiner-Maltz said in a press release. [WBJ]