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Acadia Realty Trust acquired 1600 Marcus Ave. in New Hyde Park, NY from NHP Equities LLC for $11.25 million, or almost $319 per square foot.
The single-story, 35,271-square-foot retail center was built in 1964 in the Western Nassau County submarket.
Ken Schuckman of Schuckman Realty, Inc. represented both parties in the sale.
Click here for press release.
