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New York & Tri-State  + Fairfield/Westchester  + Industrial  | 

Monday Properties Enters Industrial Sector via Westchester County

Monday Properties acquired 1 Half Moon Bay Dr., a 120,000-square-foot warehouse and distribution center in the village of Croton-On-Hudson in Westchester County. In partnership with Nexjen Real Estate and KPR Centers, the deal marks Monday’s first industrial acquisition as it continues to diversify into various asset classes and expand within the Tri-State area. 

Originally built in 1974, the building was renovated in 2005 to offer tenants additional warehouse and office space. Regional tire wholesaler Max Finkelstein Inc., which was acquired by US Ventures in 2022, occupies the building as a single user. 

“The industrial market is strong in Westchester County due to limited inventory, virtually no new supply, and continued demand from a diverse tenant base,” said Adam Carr, EVP of acquisitions and capital transactions at Monday Properties. “Industrial assets of this size and quality in this market are rarely available.”  

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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