UOVO, a new art storage and stewardship company based in Queens, paid $8.5 million for an approximately 106,000-square-foot industrial and office building in the town of Orangeburg in Rockland County, brokers at CBRE Group Inc. announced.
The 13-acre property at 33 Kings Highway in Orangeburg will be the future home of  UOVO:Rockland County, a long-term storage facility for art collections.
“This building at 33 Kings Highway will allow UOVO to expand following the opening of its flagship New York City facility,” said Budd Wiesenberg, of CBRE”™s Westchester/Fairfield office in Stamford, who represented the buyer with colleague Kevin Langtry. UOVO owners in January plan to open UOVO:NYC, a new 280,000-square-foot storage facility in Long Island City.
Langtry said the brokers searched for suburban space throughout Westchester, Fairfield and Rockland counties. “This is reflective of the constrained supply for this type of industrial asset owners and users are looking for,” he said.
Near the intersections of Routes 303 and 9W, the Orangeburg site is 5 miles from the Tappan Zee Bridge, 15 miles from the George Washington Bridge and a 30-minute drive from midtown Manhattan.
The seller, DHS Systems LLC, was represented by James Tully from CBRE”™s Saddle Brook, N.J., office.
