News:
Brokerage
Posted: February 13, 2024
The Feil Organization completes $23.5 million refinancing of Home Depot Shopping Center
Elmont, NY The Feil Organization completed a $23.5 million refinancing of Home Depot Shopping Center provided by Principal Asset Management. Estreich & Company represented the Feil Organization in the transaction.
“We are pleased to have secured this refinancing for Home Depot Shopping Center alongside a strong sponsor,” said Brian Feil, principal at the Feil Organization. “Considering the current state of the lending market, this deal showcases our ability to secure attractive financing and reaffirms the strong appetite for well-located retail properties with great tenants in Nassau County.”
Located at 600 Hempstead Tpke., Home Depot Shopping Center is a 269,490 s/f retail center. It is located on Hempstead Tpke. off the Cross Island Pkwy. and has major tenants such as Home Depot, Marshalls and Target. Currently 100% leased, Feil has owned the asset since 1992.
Tags:
Brokerage
MORE FROM Brokerage
Meridian Capital Group arranges lease for Acupuncture Local at 4407 Broadway in Washington Heights
Manhattan, NY Meridian Capital Group has arranged a retail lease for Acupuncture Local at 4407 Broadway Meridian’s Noam Aziz and Carson Shahrabani
Quick Hits
 (2).gif)
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
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.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
.gif)