Summary
In its first acquisition since deciding to become a REIT, Gyrodyne Co. of America, Inc., the beleaguered Island company best known for its eminent domain battle, is buying 10 medical office buildings in Port Jefferson Station.
The buildings, at 1-6, 8, 9 and 11 Medical Drive and 5380 Nesconset Highway in Port Jefferson Station, total about 40,000 square feet on more than 5 acres. They're 97 percent full.See the full content of this document
Extract
Gyrodyne to Buy Medical Buildings
The deal should close within 45 days, the compan...
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