Working exclusively on behalf of Musso Properties, HFF director Steven Klein, (top right photo) along with analyst Todd Newman, placed the seven-year fixed-rate loan with Washington Mutual.
Musso Properties is a family-owned and operated real estate development, investment, construction and property management company focused on the New York metropolitan area.
Duane Reade Plaza is located at 56-01 – 56-02 Marathon Parkway on the south side of Horace Harding Expressway in Little Neck, the northeastern section of Queens.
The property is fully leased to tenants including a New York Mart Supermarket, Duane Reade and Washington Mutual, and recently underwent an extensive capital improvements program including, but not limited to, façade and parking lot upgrades.
CONTACTS:
Steven J. Klein, HFF Director, 212 245 2425, sklein@hfflp.com
Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com
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