Centereach office property fetches $10.7M


An office property in Centereach has traded for $10.7 million. 

GAZ Realty Inc. purchased the 56,000-square-foot building and an adjacent 10,000-square-foot building, both on a 9-acre parcel at 2100 Middle Country Road. 

Formerly a headquarters for a national bank, the property has parking for 280 vehicles. The property is 90 percent occupied. 

Marie Zere and Michael Zere of Zere Real Estate Services represented the buyer, as well as the seller, Commander Enterprises Inc., in the sales transaction. 

“I personally handled all of the leasing for this building for over 20 years. At some point I always knew it may turn into a sale of the premises,” said Michael Zere. “The building was popular for leasing because of high traffic volume, strong demographics and access to the North Shore and the Long Island Expressway.” 

Marie Zere added that the timing of the deal was everything.  

“We found the right buyer at the right time,” she said. 





Image and article originally from libn.com. Read the original article here.