C&W arranges $10.3M for LI shopping center.Allstate Life InsUrance Company provided $10.3 million to Overseas American for the financing of the Great South Bay Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into in Islip, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . William Shanahart and Darcy Stacom of Cushman & Wakefield, Inc. represented Overseas American in negotiations. A consortium of wealthy investors, Overseas American, received rates and terms that couldn't be duplicated," Shanahart said. "They got a tremendous deal." The approximately 100,000-squarefoot shopping center, which is located on the Montauk Highway Montauk Highway is one of the original through highways of Long Island, New York, extending from Jamaica, in the New York City borough of Queens to Montauk Point in Suffolk County, a distance of approximately 100 miles (~160 km). , includes such tenants as Finast, Genovese gen·o·a n. A large jib used on a racing yacht. Also called genoa jib. [After Genoa.] Adj. 1. Drugs and Blockbuster Video. |
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