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As a capital markets team, Pergola and Doherty have been involved in combined transactions totaling more than $8 billion.

The Chetrits have purchased 100% of the Midtown East building from HNA and minority interest holders MHP and ATCO.

The 119,680-square-foot building, which is located at 97971 Green Park Industrial Dr., was sold by an affiliate of private equity group Mohegan Capital.

“With the sale of The Warner Building we have closed over $760 million of asset sales and recapitalizations.”

Construction is to begin this month, with substantial completion expected by the fall of 2020.

In a statement released to Globest.com on the deal, GDC stated the company determined “the Bridgeport properties do not align with GDC's strategic focus on development in its primary market, which is Westchester County and the Hudson Valley.”

Prior to joining Casco, Shirwo was founder and principal of BridgeCore Capital, a private bridge lender, and held a nine-year career with Bolour Associates.

Hunt's managing director, Harris Heller, says the transaction demonstrates strong leasing velocity that was fueled by the quality of the construction and strength of the submarket.