Feil Enters Suffolk Market with $50M Office Buy

GREAT RIVER, NY-In what’s reportedly the largest office building sale on Long Island this year, an entity controlled by the Feil Organization has acquired Sunrise Business Center here for $50 million. The four-building, 388,500-square-foot campus marks the first office acquisition by the Feil Organization in Suffolk County.

Jeffrey Dunne, Steven Bardsley and Patrick Carino, all of CBRE‘s New York Institutional Group, teamed up with Bruce Nelson of CBRE’s Private Capital Group and David Leviton of CBRE’s Brokerage Division to represent the sellers, A-G Metropolitan Sunrise LLC, a joint venture of Angelo Gordon & LP and Metropolitan Realty Associates LLC. They also procured the buyer, Sunrise Business Associates LLC, an entity controlled by Feil.