Gateway at Lake Success, Lake Success, NY

Gateway at Lake Success | Lake Success, NY

Gateway at Lake Success is comprised of two commercial office buildings, of approximately equal size, located in western Nassau County, Long Island. Each building has three above-grade floors and one subterranean concourse level. Brickman saw great appeal in this asset due to the attractive yield on investment and the underlying fundamentals of the property. Brickman purchased a mezzanine loan on two office buildings with a total of 670,000±SF. The credibility of the owner/operator, high occupancy of credit tenants, and below-market valuation supported the thesis to purchase the preferred note.

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