Now that NASCAR has been dissed in the NY market, they've got land they need to sell and are not having a lot of luck doing it. At least in the end of November, they were having a typical real estate market day as NASCAR had to terminate an agreement to sell its property on Staten Island.
ISC agreed to sell the 676-acre Staten Island property on Oct. 19 to ProLogis, a Maryland real estate investment trust, for $100 million. ProLogis terminated the agreement on Tuesday, ISC said, before the "expiration of the due diligence inspection period."
There's just a few more details over at SceneDaily
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