According to CB Richard Ellis, the Long Island team of Kelly Koukou and Mark Greenspan has arranged the $6.85 million sale of 55 Maple Ave. The 37,000 s/f office property was acquired by Gaz Realty from seller, Trinity Holdings. CBRE represented the buyer in the negotiations.
Conveniently situated near the Long Island Rail Road and Sunrise Highway, 55 Maple Ave. is currently fully leased to a number of office tenants. According to Koukou, "Gaz Realty acquired the property primarily as a long-term hold investment. After an extensive search of the Long Island market, we were able to locate the ideal property which met all of our clients' requirements. We are extremely pleased we were able to arrange this transaction which was favorable to both the buyer and seller."
Trinity Holdings represented themselves in the negotiations. Tags: