SVN NEGOTIATES $36.22 MILLION SHOPPING CENTER SALE

by admin

CARLE PLACE, N.Y. — The White Plains, N.Y., office of Sperry Van Ness (SVN) has negotiated the sale of Voice Road Plaza, a 131,850-square-foot community shopping center located on Glen Cove Road in Carle Place, for $36.22 million. Situated on 8.3 acres, the center was constructed in 1951 and renovated in 1996. It was 98.8 percent occupied at the time of closing; anchor tenants include Staples, Big Lots, Party City, Dress Barn and Bass. Joseph French and Neil Golub of SVN represented the seller, a New York-based hedge fund. The buyer was a New York-based private investor.

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