Patriot Square Shopping Center (1997)
Stony Point Rockland County
228,515 Sq. Ft. Retail Shopping Center
Torresco Realty was engaged as the exclusive broker by the original builder/developer after rumors of inherent ground contaminants left the shopping center overwhelmingly vacant. After a failed two year rental marketing effort, the owners decided to place the property for sale. Subsequent to five months of diligent wide circulation marketing, Torresco located a venture capital group seeking “value-added” investment property and successfully closed the deal.Torresco Realty LLC was the sole broker in this transaction.