Centro Properties Group has leased 2,300 s/f lease for Plaza Optical at Monroe ShopRite Plaza, located south of Rte. 17, on Route 17M just south of the intersection of Rte. 208. Centro Properties Group is the owner of Monroe ShopRite Plaza and was represented by Ron Ruth with Centro Properties Group.
Centro Properties Group is the second largest owner of community and neighborhood shopping centers in the U.S. Its portfolio of approximately 600 properties is strategically located across 39 states and aggregates approximately 98 million s/f of gross leasable area. For more information on Centro Properties Group in the U.S., please visit www.centroprop.com.
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.