News: Brokerage

Island Associates brokers two long-term retail leases

Strathmore Commons - Middle Island, NY

Middle Island, NY Island Associates negotiated a long-term lease extension with Lemon Tree Salon for 1,200 s/f at Strathmore Commons. Lemon Tree has been a tenant for over a decade.

In a seperate transaction, Island Associates negotiated a long-term lease extension for Xclusive Spot Clothing in Central Islip. Xclusive Spot has been a tenant at the center for over a decade, and Island was able to negotiate an extension keeping Xclusive Spot in its existing space.

MORE FROM Brokerage

United Properties Corp. adds 380,354 s/f of Midwest retail to portfolio - reaching over 10 million s/f

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.
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