Gladstone Group reps KSW Allentown LLC in $1.615 million purchase
Gladstone Group represented the purchase of 1836 Catasauqua Rd. (land and building) from Eat Ice Cream, LLC by KSW Allentown LLC, for $1.615 million.
The transaction, a sale/leaseback by Eat Ice Cream, LLC., included a 20-year NNN lease. The tenant will continue to operate as a Friendly's Restaurant.
Gladstone Group, a subsidiary of Long Island Business Brokerage and brokered by Gail Gladstone, is currently headquartered in Long Island, NY and is licensed in NY, PA, MA, CT & MD.
Gladstone is also broker of Sellers Brokerage, LLC, Zolo Realty Capital, Inc., NYC's CircumRent, Inc., and HomeCanvasrNY, Inc., currently operating in Brooklyn.
East Meadow, NY United Properties Corp. has completed two significant retail acquisitions totaling $34.3 million across Ohio and Iowa. The portfolio has crossed 10 million s/f, boosted by 380,354 s/f of premier commercial shopping center space acquired in these purchases.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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