News: Shopping Centers

Andreadis of Centro acts for owner of Sunshine Sq. for 29,902 s/f lease

According to Centro Properties Group, a 29,902 s/f Savers recently opened at Sunshine Square Shopping Center, located south of I-495 (Long Island Expressway), at the intersection of Station Rd. and Patchogue Yaphank Rd. (Route 101). Centro Properties Group is the owner of Sunshine Square and was represented by Nick Andreadis with Centro Properties Group. Centro is the second largest owner of community and neighborhood shopping centers in the U.S. Its portfolio of 600 properties is located across 39 states and aggregates 98 million s/f of gross leasable area.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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