Coram Plaza Stopping Center

Real Estate Weekly, Feb 2, 2000

Coram Plaza Stopping Center has recently been acquired by SMP, LLC, whose principals are Paul Elliott and Sam Weissman. Breslin Realty has been engaged to work with Prudential Long Island Commercial as the project's leasing agents.

The Center has 275,000 square feet of leasable area and was formerly anchored by Caldor and Pathmark.

Kenneth A. Breslin, vice president of Breslin Realty, said "The Coram Center is a rare opportunity to find - a property that is this ripe for a turnaround. The property is located in the heart of a vibrant community at the intersection of Route 112 and Middle Country Road. The Center has enough size to provide a terrific mix of new tenants, and most importantly, the new ownership is prepared to invest in the Center's future. I believe the Coram Center will be among Long Island's finest community shopping centers."