Long Island, NY — Cushman & Wakefield announced today that the brokerage firm has been retained on an exclusive basis to arrange for the sale of 1155 Northern Boulevard, a 51,050-square-foot Class A medical office building in Manhasset.
A Cushman & Wakefield team led by Stephen Preuss with Kevin Schmitz and Kevin Louie will represent the seller, 1155 NOBO Associates, LLC, in all marketing efforts.
“Anchored by well-known tenants, this property presents a stable, long-term investment opportunity on Long Island,” said Preuss. “Located on one of the highest frequented thoroughfares on Long Island with ample on-site parking, the development provides current and future tenants with convenience and updated amenities.”
1155 Northern Boulevard is currently 94 percent occupied and is anchored by notable tenants including Mount Sinai and NYU Langone, as well as a plastic surgeon’s office with over 15 years of tenancy. The three-story, four-unit building was constructed in 1990 and features an on-site parking garage with 165 spaces.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
Cushman & Wakefield Retained as Exclusive Sales Agent for Medical Office Building on Long Island
1/15/2020
Cushman & Wakefield announced today that the brokerage firm has been retained on an exclusive basis to arrange for the sale of 1155 Northern Boulevard, a 51,050-square-foot Class A medical office building in Manhasset.
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