CBRE BROKERS $38 MILLION SALE OF THE ATRIA

GARDEN CITY, N.Y. — The Long Island office of CB Richard Ellis (CBRE) has negotiated the purchase of The Atria, a six-story, Class A office tower located at 900 Stewart Ave. in Garden City, for $38 million. The 235,000-square-foot building is fully occupied by JPMorgan Chase, which has the option to return 80,000 square feet of the building within the next 18 months. CBRE’s Philip Heilpern, Richard Karson, Martin Lomazow and Paul Leone represented the buyer, CAF Realty; Cushman & Wakefield represented the seller, BREOF BNK2 Atria LLC, which is an affiliate of Brookfield Asset Management.