City: Long Island

Long Island Business News NorthBridge Partners has paid $105.7 million, or $188.51/sf, for a pair of industrial properties with 560,719 square feet at 145 and 158 Candlewood Road in the Long Island, N.Y., village of Bay Shore. The Wakefield, Mass., ...

Commercial Observer Acres Capital has provided a $68.5 million construction loan for the development of a 310,500-square-foot industrial property at 377 Carlls Path in the Long Island, N.Y., town of Deer Park, N.Y. The property is being developed by Thor ...

New York Business Journal Investcorp has paid $95.8 million, or $220.33/sf, for a portfolio of five industrial buildings with 434,796 square feet in Suffolk County on Long Island, N.Y. The investment manager bought the buildings from a venture of Metropolitan ...

Commercial Real Estate Direct Staff Report The $84 million loan against the 462,615-square-foot office property at 900 & 990 Stewart Ave. in Garden City, N.Y., has matured and transferred to special servicer LNR Partners. Its transfer was highlighted by TreppWire. ...

Long Island Business News Agus Holdings has paid $41 million, or $164.94/sf, for The Hub, a 248,569-square-foot retail property at 132-178 Fulton Ave. in Hempstead, N.Y. The New York investor acquired the shopping center from SITE Centers Corp. of Beachwood, ...

The Real Deal The Long Island Church of Scientology has paid $15.2 million, or $243.20/sf, for the 62,500-square-foot office property at 263 Old Country Road in the Long Island hamlet of Melville, N.Y. The property was sold by Harvest Real ...

The CMBS loan against the 665,592-square-foot Jericho Plaza office property in Jericho, N.Y., has reached its initial maturity. Its term can be extended by up to three additional one-year terms, but for any of those options to be exercised, the ...

REBusiness Online Voya Investment Management has provided $37.5 million of mortgage financing against the Mayfair Shopping Center, a 221,000-square-foot retail property in Commack, N.Y. Cronheim Mortgage of Chatham, N.J., arranged the three-year loan. Livingston Group of Washington, D.C., owns the ...

Live Oak Bank has provided $29 million of financing against Whisper Woods, a 101-unit assisted-living facility in Smithtown, N.Y. The Wilmington, Del., bank's three-year loan was arranged by JLL Capital Markets. It allowed the owner of the Long Island property, ...

Commercial Real Estate Direct Staff Report Allstate Insurance Co., which had occupied 87,945 square feet at the Hauppauge Office Park, a three-building complex on Long Island, N.Y., has vacated its space, putting a CMBS loan that's partially backed by the ...