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Sayville Shopping Center Trades to Transformco
Representing Arctrust, Ripco Real Estate handled the sale of Sayville Shopping Plaza, a 236,000-square-foot retail property in the Long Island community of Bohemia, NY, to Transformco. Terms of the sale weren’t disclosed, although the Long Island Business News reported that some industry sources put the price at $18.5 million.
Jeremy Isaacs, vice chairman of Ripco, handled the sale on Arctrust’s behalf. Prior to the sale, Isaacs represented ownership on the leasing, with tenants including the first Long Island location for At Home and an 80,710-square-foot Floor & Décor in a space formerly occupied by Kmart. The Kmart closure in March 2020 left the property 100% vacant, the LIBN reported.
Sayville Shopping Plaza is located at the northeast corner of Sunrise Highway and Johnson Avenue in Bohemia, with more than 110,000 cars passing this site daily. There’s 39,000 square feet of space currently available.
- ◦Sale/Acquisition

