Hicksville retail center sells for $6.1M

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Long Island-based real estate investors, MC Hicksville Realty LLC and Maple Forest Realty LLC, bought a retail center in Hicksville for $6.1 million. The 27,000-square-foot strip mall holds 15 stores on West Old Country Road. The owners had held the property for more than 50 years, letting rents dip below market rates. The seller, Chicago-based US Realty Group, worked with Silber Investment Properties, which also represented the buyer. [LIBN]