X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HAUPPAUGE, NY-A 13-building Suffolk County office portfolio, including the four-building, 215,000-square-foot Crossroads Corporate Center here, has traded to Matrix Realty Corp. The sellers, a joint venture between CenterSquare Investment Management Holdings Inc. and Ivy Realty, did not disclose the price; a source familiar with the transaction puts it at $39 million, or about $97 per square foot, comparable to other recent office sales in the region.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.