JLL Capital Markets announced today that it has closed the $10.1 million sale of East Northport Shopping Center, a 42,215-square-foot shopping center anchored by IGA grocery store in the affluent and infill neighborhood of East Northport, Long Island, New York. JLL marketed the property on behalf of a private company. An affiliate of Paragon Realty Group LLC of Westport, Conn., purchased the asset.
Clarion, Paragon sign flagship deal with UK retailer
Clarion Partners and its JV partner, Paragon Realty Group, has signed a 10,542 s/f lease with furniture retailer OKA at 44 Main Street in Westport, CT.
Cushman & Wakefield’s Alan Schmerzler and Kathleen Fazio arranged the long-term lease on behalf of the landlord, Westport Main Street Retail LLC – a partnership of Westport-based Paragon Realty Group LLC and New York-based Clarion Partners.