E&M Ice Cream pays $10M to Dreyer’s Grand Ice Cream (aka Edy’s Grand Ice Cream) for warehouse in Soundview

January 27, 2020 7:08 am

Martin Kelly’s E&M Ice Cream through the entity E&M Ice Cream Inc. paid Dreyer’s Grand Ice Cream (aka Edy’s Grand Ice Cream)’s Nestle Dreyer’s Ice Cream Company $9.8 million for 701 Zerega Avenue in Soundview. The deal closed on December 27, 2019, and was recorded on January 24, 2020. The transaction consists of 1 parcel, including the tax class fireproof warehouse (E1). The property is 32,471 square feet. The parcel(s) have total development potential of 65,212 square feet.
The average sale price per square foot is $150.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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