InvestmentsReal estate assets owned by The Norway Group are summarized below:
Saugerties Property Holding, LLC
The 97-acre site is located in Ulster County, New York and is 100 miles north of NYC and 85 miles south of Albany. The property has 450 meters of road frontage on the south bound side of the New York State Thruway (Interstate 87) and is directly south of the Exit 20 NYS Thruway on ramp. The AADT on the NY State Thruway is approximately 40,000 vehicles per day. The property is under a long term lease agreement with a top tier renewable energy developer.
Kay-R Property Holding, LLC
The industrial complex is located in Onondaga County, New York in the Town of Dewitt. The facility accommodates a 50 unit school bus fleet and is equipped with a 10,000 square foot maintenance garage for servicing large vehicles to include administrative office space. The property has been under a long term lease agreement with a major transportation provider since the formation of the entity in 2005.
Cady Road Property Holding, LLC
The 3.1 acre site is located 24 miles south of the United States / Canada border and 45 miles north of Syracuse, New York. The site has approximately 1000 feet of road frontage on Interstate 81 and is adjacent to the Exit 44 south bound off ramp. The site is located less than 3-miles to the city of Watertown and less than 4 miles to Exit 45 Arsenal Street in Watertown and less than 7 miles to Sackets Harbor. The AADT is over 20,000 vehicles per day.
EJ Property Holding, LLC
Located in Chittenden County, Vermont in Essex Junction, the commercial property consists of 1200 square feet of Class A office space and 4 parking spaces. The property is located less than 6 miles to downtown Burlington, Vermont and less than 3-miles to the Burlington International Airport. The property is under a long term lease agreement.