FH acquired this asset through an auction process. The site was the home of the Rexnord chain company.
FH provided extensive environmental remediation after closing and positioned the property for complete demolition and site prep. Approached Polar Corp to consolidate their various locations onto a single bulk branch.
Polar moved into a 285,000 SF state of the art bulk distribution facility under a ten year lease.
Sold property to Gramercy Property Trust in 2014 who has since been pardoned by Blackstone Group LP.