Strong Close To Summer 2019

125 Newtown Rd, Suite 300
Plainview, NY 11803
FOR IMMEDIATE RELEASE
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PLAINVIEW, NY, September 6 – Silber Properties closed the summer of 2019 with a blitz of four great deals. Numerous agents within Silber Investment Properties worked directly with both the purchasing side and selling side of these transactions which culminated with 4 East Coast Triple Net (NNN)_closings in the last week of August that totaled just shy of $16 Million.

Properties included in these transactions are as follows:

    White Castle

    • Address: 3810 John F. Kennedy Blvd, Union City, NJ
    • Building Size: 1,850 Sq. Ft.
    • Lot Size: .7 Acres
    • Sale Date: Aug. 28
    • Sales Price: $1,900,000
    • Seller: White Finch LLC, Seaford, NY
    • Purchaser: Sam Frankel, Cedarhurst, NY
    • Marty Sass of Silber Investment Properties represented the Purchaser
    • Adam Silber of Silber Investment Properties represented the Seller
    CVS

    • Address: 11 Steeple Way, Wells, ME
    • Building Size: 13,225 Sq. Ft.
    • Lot Size: 2.1 Acres
    • Sale Date: Aug. 29
    • Sales Price: $6,250,000
    • Seller: Wells Realty Limited Partnership
    • Purchaser: Avise Properties
    • Stuart Frankel of Silber Investment Properties represented both the Purchaser and Seller
    Walgreens

    • Address: 180 Bridgeton Pike, Mantua NJ
    • Building Size: 14,490 Sq. Ft.
    • Lot Size: 2.2 Acres
    • Sale Date: Aug. 29
    • Price: $6,100,000
    • Seller: GPBC Mantua, LLC
    • Purchaser: Mantua WAG, LLC, Greenvale, NY
    • Bret Verderber of Silber Investment Properties represented the Seller
    • Stuart Frankel of Silber Investment Properties represented the Purchaser
    Applebee’s

    • Address: 125 Rainbow Lake Rd, Boiling Springs, SC
    • Building Size:4,713 Sq. Ft.
    • Lot Size: 2.06 Acres
    • Sale Date: Aug. 30th
    • Price: $1,426,000
    • Seller: Boyd L. Hyder
    • Purchaser: Prestige WW, LLC
    • Stuart Frankel of Silber Investment Properties represented both the Seller and Purchaser

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.

Media Inquiries:
Ignition Marketing
info@ignition-mktg.com
pr@silberproperties.com
516.994.1350


 

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