REBusinessOnline

Treeline, KABR Group Acquire 408,000 SF Office Building in Metro New York City for $35.8M

3-huntington-quadrangle-melville-ny

Located at 3 Huntington Quadrangle in Melville, N.Y., the property features 408,000 square feet of office space. (Photo credit: Valerie Sanchez)

MELVILLE, N.Y. — A joint venture between Treeline and The KABR Group has acquired a four-story office building located at 3 Huntington Quadrangle in Melville, roughly 40 miles outside New York City. Hines REIT sold the 408,000-square-foot property for $35.8 million. William Schroeder designed the building, which was built in 1971. Jose Cruz of HFF represented the seller in the transaction. Chris Peck, Geoff Goldstein, David Giancola, Alex Staikos and Jordan Avanzato of HFF secured financing on behalf of the buyer through Wells Fargo Bank.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Updated daily:
How Will COVID-19 Impact the Commercial Real Estate Industry?
Click here.

COVID-19 Webinars: Learn more about the CRE industry's response to the coronavirus. Sign up.

Watch On Demand:

Conferences


Read the Digital Editions

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties