Greiner-Maltz awarded 7 building portfolio

March 17, 2008 - Long Island
Greiner-Maltz has been awarded a 7 building portfolio, totaling 190,000 s/f, situated in Farmingdale and Plainview, near Rte. 110 and the Long Island Expressway.
These properties, which are substantially fully-leased, contain a variety of retail and warehousing tenants.  The current projected income of over $2 million can be significantly enhanced when a portion of the current leases expire.  The package is being offered at a significant discount to the individual property values.
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