Real Estate Rumors: Chetrit, Altaris, Zurich Insurance

Law360 (May 22, 2020, 3:33 PM EDT) -- Investor Isaac Chetrit has purchased a development site in New York from developer Anbau Enterprises for $28.7 million, Commercial Observer reported on Friday. The deal is for 620 W. 153rd St. in Hamilton Heights, where Chetrit could build a 150,000-square-foot building, according to the report.

Altaris Capital Partners has purchased a Northridge, California, manufacturing plant from 3M spinoff Kindeva Drug Delivery for $35.7 million, The Real Deal reported on Friday. The deal is for 19951 Nordhoff St., a 168,000-square-foot property that was built in 1975, according to the report.

Zurich Insurance Group investment arm Zurich Alternative Asset Management has purchased 59,694 square...

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