Recent Real Estate Transactions Across Regions

Medccm Inc. has acquired a 5,203-square-foot retail building in Lynbrook for $1.35 million, planning to establish a med spa in the vacant space. J.Crew Factory leased 6,800 square feet at the Mayfair Shopping Center in Commack, marking its seventh location on Long Island. Andy’s Italian Ices LLC purchased a 3,000-square-foot commercial building in Huntington Station for $925,000, while Yakov Khodzhayev and Artashes Baghdasaryan bought a 6,500-square-foot office in Uniondale for $810,000, intending to convert it into a medical imaging center. In Egypt, the New Urban Communities Authority is offering 1,645 residential units for bidding, aimed at improving housing accessibility. Meanwhile, property investment strategies in the UK are evolving, with a noted decline in the 'buy and flip' method due to rising renovation costs and mortgage rates, leading investors to favor mid-to-long-term holdings instead.