Property History
Located in Orange County, in southeastern New York State’s Hudson Valley region, 40 Commercial Avenue is a ±52,000 square foot steel frame and concrete block manufacturing, warehouse and distribution facility, fully leased to RIJ Pharmaceutical LLC, a wholly-owned subsidiary of Geritrex, a BelHealth portfolio company. RIJ Pharmaceutical has operated at the facility for over 30 years, and continues to make significant investment and upgrades to the facility.
Centrally located in Mid-Orange Industrial Park, the property is accessible by NY Route 211, a primary commercial corridor in the Town of Wallkill. The building was constructed in 1983 and fully renovated and retrofitted for pharmaceutical manufacturing in 1985 when RIJ took occupancy. Located in the Middletown/Town of Wallkill submarket, the second largest in the County, the property is located less than two miles to Interstate 84 and Interstate 86/NY Route 17. It is located approximately 75 miles northwest of Manhattan.
This single-tenant pharmaceutical manufacturing facility operates under strict Good Manufacturing Practice (GMP) guidelines, producing OTC generic liquid and powder pharmaceuticals, as well as creams and ointments.
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