Long Island, NY – Cushman & Wakefield announced today that the real estate services firm has arranged for the sale of 60 East Industry Court, a 22,145-square-foot office and medical facility in Deer Park, New York. The final closing price was $2.4 million, equating to approximately $110 per square foot.
Cushman & Wakefield’s Senior Director Gary Pezza represented the seller, 19-29-33 37th Street LLC, in the transaction. The property was purchased by Park Point 60 LLC, who has hired Cushman & Wakefield to be the exclusive leasing agents for the property.
“With major upgrades underway, 60 East Industry Court is an excellent site,” said Pezza. “Its proximity to the LIRR, outlet stores and major roadways provides an easily-accessible office space on Long Island.”
60 East Industry Court is a 22,145-square-foot office and medical facility located in Deer Park in Central Long Island. The five-story property includes between 5,000 and 15,000 square feet of space immediately available for professional, financial, business, administrative or medical use. The site currently has multiple capital improvements in progress and offers abundant parking for over 130 vehicles.
60 East Industry Court is centrally located on Long Island with easy access to major roadways including the Long Island Expressway, Sagtikos Parkway and the Southern State Parkway. The property is located one minute from Tanger Deer Park Outlets and three blocks from the LIRR train station.
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 Arranges $2.4 Million Sale of Long Island Office Property, Named Exclusive Leasing Agent by New Owner
2/12/2020
Cushman & Wakefield announced today that the real estate services firm has arranged for the sale of 60 East Industry Court, a 22,145-square-foot office and medical facility in Deer Park, New York.
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