526,000-SQUARE-FOOT DISTRIBUTION CENTER SELLS

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CENTRAL ISLIP, N.Y. — A 526,000-square-foot industrial building located at 199 Lowell Ave., in Central Islip has been sold. The building is a former grocery distribution center that is situated on approximately 45 acres. It had previously been occupied by Ocean Logistics before the company closed the location in a consolidation effort. Bob Gibson and Ed Jarosz of CB Richard Ellis/New England, along with Phil Heilpern, Martin Lomazow and David Zelinski of CB Richard Ellis’ Long Island, N.Y., office, represented Ocean Logistics in the termination of its lease agreement with San Francisco-based 10 Boulevard LLC, the seller of the property. The Silver Group represented 10 Boulevard LLC in the sale of the facility to Sysco Corp. The acquisition price was not disclosed.

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