The property asset involved in this transaction is a retail space located at 10-2020 Jericho Turnpike, Commack. The total square footage of the asset is 12,800, which is designated for Gap Factory's new store opening. Gap Factory is established in a significant retail location within the Mayfair Shopping Center, following a previous closure of their location in 2019.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Square Footage: 12,800
• Address: 10-2020 Jericho Turnpike
• Market: Commack
• Tenant: Richard Dickson - Gap Inc
• Landlord's Rep: E.J. Moawad - LEVIN Management
• Tenant's Rep: Michael Friedman - Inline Realty

This transaction features notable individuals and companies, including Richard Dickson, who represents Gap Inc as the tenant. The landlord's representative for this deal is E.J. Moawad from LEVIN Management, and the tenant is represented by Michael Friedman of Inline Realty. This collaboration brings Gap Factory back to the community with a prominent retail presence.