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Woodlands Office Park
Woodlands Office Park
Address: 700 Veterans Memorial Highway, Happauge NY
Year Purchased: 1997
Property Type: Suburban Office
Property SF: 125,000 SF
Project Highlights: Ownership purchased this 70% occupied property out of an arduous foreclosure process. Upon acquisition, the property received renovated lobbies, new HVAC system and updated landscaping at a cost of approximately $1,300,000. Within 18 months the property was running at 90% occupancy and was sold in 2001.
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