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JERICHO ATRIUM500 N Broadway, Jericho, NY 11753

TYPE
Office
SIZE
145,000 SF
ACQUIRED
2007
SOLD
2016

TYPE
Office
SIZE
145,000 SF
ACQUIRED
2007
SOLD
2016

property overview

MRA along with its partners acquired the Jericho Atrium, located in Jericho, NY, along Routes 106 and 107 in close proximity to the Long Island Expressway and Northern State Parkway, through a spin-off from a portfolio acquisition. MRA implemented a capital improvement program upon acquisition, upgrading the common areas to increase rents and occupancy. MRA sold the asset in 2016.