400,000 SF LONG ISLAND OFFICE PORTFOLIO CHANGES HANDS

NEW YORK CITY — CenterSquare Investment Management Holdings Inc. and Ivy Realty have sold Crossroads Corporate Center and Crossroads Executive Center, two multi-building office parks in Long Island. Matrix Realty Corp. acquired the properties, adding 400,000 square feet of office space to its portfolio. Located in Hauppauge, Crossroads Corporate features 215,000 square feet in three single-story structures and one four-story building. Crossroads Executive includes nine single-story buildings accounting for an aggregate 185,000 square feet. Colliers International marketed the office portfolio on behalf of CenterSquare and Ivy.