Paul Adler and Samuel Adler were awarded the Economic Development Award for the successful transaction they brokered in connection with the sale of 25 Hemlock Drive in Congers, Rockland County, New York, from the Triangle Squared Realty Hemlock LLC to Chartwell Pharmaceuticals @ $13,479,000.
“After 45+ years in the commercial real estate business, I am most proud of this deal for what it will bring to the local and New York state economy and humbled to share this award with my son Sam.” said Paul Adler chief strategy officer of Rand Commercial.
The vacant 81,000 +square-foor Class A industrial flex building sits on 7.5 acres. The acquisition was part of Chartwell’s campus expansion and could yield up to 300+ jobs for the area.
With more than a century of combined experience in the region, Rand Commercial has grown into a full-service real estate financial institution with expertise in commercial real estate, multifamily residential housing, development marketing, land sales and development, condo conversion and corporate relocation.
