Cabinet Maker Scores Largest Industrial Sale of 2011
Express Cabinet, which produces and distributes kitchen cabinetry, closed its deal to purchase the 3.5-acre property at 630 Central Park Avenue in Yonkers Dec. 15 and will move into the building in early spring.
William Cuddy, Jr., and Budd Wiesenberg, both of CBRE, represented the seller, Stewart EFI, in the transaction.
Stewart EFI, an international supplier of precision progressive die and deep drawn metal stampings, according to its website, will be consolidating operations at facilities in Connecticut and El Paso, Texas.
“The building has a unique presence as a gateway to Westchester,” said Mr. Wiesenberg in a prepared statement issued last week. “This high visibility from both Central Avenue and I-87 should bring significant branding exposure for Express Cabinets, Inc. too.”
Daniel Edward Rosen, Staff Writer, is reachable at DRosen@Observer.com