The Connecticut-based owner of an East Setauket industrial and office property has secured $6 million in financing.
The $6 million mortgage loan for Old Hill Investment Group finances the acquisition of a 66,229-square-foot building at 41 Research Way, which is occupied by Rockwell Automation. Rockwell, a provider of industrial automation power, control and information solutions, leased the property after relocating from 100 Precision Drive in Shirley.
The East Setauket building was constructed by Tritec Real Estate, which sold the property to Old Hill Investment Group.
Read the full article in Long Island Business News.
