Инвестиционная группа Renatus купила за 10 млн долларов промышленное здание в Хиксвилле, где скоро закроется типография Bertelsmann

The Renatus Group, a commercial real estate investment firm based in Port Chester, has purchased an industrial property in Hicksville for $10 million. The 55,789-square-foot building sits on slightly less than five acres at 840 South Broadway and was built in 1960, according to Cushman & Wakefield, a global commercial real estate company that represented The Renatus Group and the seller, F.C. Properties. The printing group’s Hicksville lease is up in January, Long Island Business News reported, but it has other locations in West Virginia, Virginia and Pennsylvania, according to the company. The Renatus Group plans to make capital improvements to the building, like raising the roof from 12 feet to 28 feet, Long Island Business News reported. Bertelsmann Printing Group has announced its plans to end operations at the Hicksville property and has filed a notice with the state Department of Labor that it will be laying off 85 employees at the location and will be officially closing by the end of October, according to an Aug. 11 post from Publishers Lunch, a book publishing digital newsletter. The property was once used by the Grumman Aerospace Corporation, which was known for leaching chemicals into local groundwater from its industrial operations. But since 1995, the property has been operated by Coral Graphics, owned by Bertelsmann Printing Group, according to an environmental consultant’s report from 2011. The report was made after years of environmental remediation at the property. The report said Coral Graphics used soy ink in its production at the time of the report, but had previously used solvent-based inks that contained volatile organic compounds, which had been removed from rollers in the plant with solvents. The report also said that used rags from the press cleaning process were historically stored in the back of the plant, which had once been a source of soil contamination. The report said it would continue monitoring the area, but that no further action was necessary.