A2 Development Group Acquires Whitman Atrium Office In Huntington Station For $11.6M

The property asset involved in this transaction is a multi-tenant office and medical property located at 33 Walt Whitman Road, Huntington Station. The sale price was $11,600,000 for a total area of approximately 99,069 square feet, equating to $117 per square foot. The property was approximately 83% occupied at the time of marketing and is situated along the Route 110 corridor.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $11,600,000
• Address: 33 Walt Whitman Road
• Market: Huntington Station
• Square Footage: 99,069
• Price Per Square Foot: $117
• Buyer: A2 Development Group
• Seller: CAF Management
• Seller's Representative: Daniel Abbondandolo, Joegy Raju & Victor Little - Cushman & Wakefield

Throughout the sale process, Cushman & Wakefield continued leasing available space while securing extensions with existing tenants, enhancing the income profile of the asset for CAF Management. Daniel Abbondandolo, Joegy Raju, and Victor Little represented the seller in this transaction.