Shopping center fetches $10m.The 70,000 /sf Bi-County 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 on Route 109, West of Broad Hollow Road (Route 110), in Farmingdale, Long Island, has been purchased by a local investment entity controlled by Milbrook Properties ltd., according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Sanford Zuckerbrot, chairman of Sholom & Zuckerbrot Realty LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , which represented both buyer and seller. The center, anchored by a King Kullen supermarket, was acquired in an all-cash transaction from Urstadt Biddle Properties, a publicly trade real estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ), for $9.75 million. S&Z's President, Franklin S. Zuckerbrot, and Managing Director, Douglas Weinstein, were the brokers for the deal. The new owners have named Sholom & Zuckerbrot exclusive leasing agent for the center, where a 4,000 s/f store formerly occupied by KB Toys is available. |
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