REBusiness Online King Prime Equities LLC has paid $20 million, or $218.75/sf, for the 91,428-square-foot warehouse at 135 Baylis Road in Melville, N.Y. The local appliance wholesaler acquired the property from Melville Beverage Partners in a deal arranged by Colliers. The new owner plans to occupy the property, which has 16-foot clear heights.

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