The-Hub_Hempstead-N.Y

PCCP Provides $36 Million Acquisition Financing for The Hub Shopping Center on Long Island

by Hayden Spiess

Hempstead, N.Y. — PCCP has provided a $36 million senior loan for the acquisition of The Hub Shopping Center, a retail center located in Hempstead on Long Island. Agus Holdings is the borrower. Tenants at the property, which totals 248,569 square feet, include The Home Depot, Stop & Shop, Old Navy and AT&T. The center was 99 percent leased at the time of sale. 

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