Wallace Eannace utilizes Lochinvar boilers, domestic water heaters, Xylem’s Bell & Gossett pumps, plate and frame heat exchangers, storage tanks and variable frequency drives. The company provides solutions that reduce capital equipment costs, project installation timelines, and maximizes long term energy efficiency and uptime.
Westbrook Partners and RXR Realty closed on the purchase of 47 Hall Street, a 550,000-square-foot property just south of the Brooklyn Navy Yard, for $161 million, sources told The Real Deal. Barry Sternlicht’s Starwood Capital Group is acting as the lender on the deal, sources said. Starwood provided a roughly $90 million acquisition loan and will cough up another $71 million for redevelopment costs.
The transaction, which closed for north of $300 per square foot, is one of the bigger investment sales deals in Brooklyn. The sellers — a partnership including Rubin Schron’s Cammeby’s International, Eli Fruchthandler and Bruce Federman — had been declining to renew leases at the building prior to the sale
About Wallace Eannace – HVAC AND PLUMBING SOLUTIONS
Supporting the entire project team, from consulting engineer to end user. We provide solutions ensuring the job is completed as intended and to the engineer and owner’s expectations.
95 Years of technical support to the building industry.