Plainview, NY 11803
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PLAINVIEW, NY, August 27 – Silber Investment Properties has completed the last segment of a portfolio acquisition of upstate New York 7-Eleven‘s for Peter Petrakis. The sum total of all property values within this acquisition was $6 million, with this last transaction being the 275th deal completed between Silber and Petrakis.
“This milestone is a testament to how our firm works with our long-term relationships,” says Adam Silber of Silber Investment Properties. “My teams’ relationship with Peter and his firm spans many years, which has allowed us to work in lockstep with their portfolio strategies.”
The properties are located at 183 West Main Street, Allegany, NY, 607 North Union Street, Olean, NY, and 34 Main Street, Canaseraga, NY.
Jesse Tufariello of Silber Investment Properties represented the seller Countryside, ALF LLC and Adam Silber of Silber Investment Properties represented the buyer Peter Petrakis of Petrakis Reality Group.
ABOUT SILBER INVESTMENT PROPERTIES
Long Island based commercial real estate brokerage; Silber Investment Properties (SIP), specializes in the acquisition and disposition of retail investment properties ranging from multi-million dollar shopping centers to a single tenant chain store. In addition the SIP National Net Leased Division brokers hundreds of Triple-Net (NNN) Properties across the country. Silber Investment Properties has earned a reputation for brokering off-market, in-house transactions, and maintains relationships with REITs, large corporations, family trusts, developers, and private investors.