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2001 Marcus Avenue

1101 Stewart Avenue

Address: 2001 Marcus Avenue, Lake Success NY

Year Purchased: 1998

Property Type: Suburban Office

Property SF: 210,000 SF

Project Highlights: Upon Acquisition, 2001 Marcus Avenue was approximately 80% occupied with inactive management and substantially below market rents. Ownership completed aggressive renovation and marketing plans, and within 24 months, the property was achieving rents psf 30% higher than at acquisition, and was disposed at 95% occupancy.

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