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JLL Arranges Sale of Nonprofit’s HQ and Purchase of New One

A JLL team led by executive managing director Frank Recine completed two transactions on behalf of The Arc Rockland: the $6.5-million sale of the company’s headquarters in Congers, NY, and the $2.75-million acquisition of an office property in Valley Cottage, NY.

As part of a larger rationalization of its real estate portfolio, The Arc Rockland—a nonprofit serving children and adults with developmental and intellectual disabilities—sold the 81,780-square-foot office/flex building on 7.52 acres at 25 Hemlock Dr. in Congers to Portables Unlimited, Inc. It then acquired the 20,200-square-foot 210 Rte. 303 in Valley Cottage from Five Great Kids LLC.

JLL represented The Arc Rockland in both transactions. Paul Adler, chief strategy officer/RE and an associate broker with Rand Commercial, represented Five Great Kids LLC in the sale of 210 Rte. 303. Portables Unlimited was represented in-house in the sale of 25 Hemlock Dr.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
  • ◦Sale/Acquisition
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