JLL Brokers Sale of Mixed-Use Medical and Retail Building in Garden City

Reuters12-10
JLL Brokers Sale of Mixed-Use Medical and Retail Building in <a href="https://laohu8.com/S/GCCO">Garden City</a>

JLL Capital Markets has completed the sale of 1300 Franklin Ave., a 127,496-square-foot mixed-use medical and retail building located in Garden City, New York. Acting on behalf of the seller, Intercontinental Real Estate Corporation, JLL arranged the transaction with a private buyer. The property, originally constructed in the 1960s and renovated in 2007, is 78.5% occupied and features major tenants such as NYU Langone Health, Walgreens, Cornell Medicine, and Healthtrax. The building is situated in Long Island's Central Nassau submarket, an area known for its strong healthcare sector and proximity to major thoroughfares and higher education institutions.

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