High ceilings, large flexible floor plates, plug-and-play wet laboratory space and abundant parking combine to make this property an ideal site for offices, manufacturing, warehousing and distribution and clinical laboratories. In addition, the building’s infrastructure allows mission critical tenants to take advantage of redundant power feeds.

The Business and Research Center at Garden City, in the heart of New York’s most populous suburban county, is located central to most of Long Island’s professional population, supplying a highly educated work force from all levels of the working population. It is in close proximity to numerous residential communities, colleges, hospitals and other research facilities, shopping and recreational facilities.

The Business and Research Center at Garden City is accessible directly from the Meadowbrook Parkway. Southern State Parkway, Northern State Parkway and the Long Island Expressway are within minutes of the site. The MTA Suburban Bus stops right in front of the property and Long Island Railroad commuter stations also are close by. New York’s John F. Kennedy International Airport and LaGuarda Airport are just 20 minutes away by automobile and Manhattan is just a 30-minute automobile trip.

Metropolitan Realty Associates LLC (“MRA”) is a private real estate investment company specializing in identifying opportunistic commercial real estate investments in select metropolitan markets and acquiring these properties in joint venture with institutional and high net worth individual equity sources. MRA presents its equity partners an opportunity to participate in off-market or unique real estate transactions by seeking out investment opportunities and utilizing analytical and operating expertise to implement investment strategies.

MRA provides hands-on asset, property and construction management oversight on behalf of the joint venture ownership structures created for acquiring real estate or as a third party service provider. Property Management and Accounting Services including repair and maintenance oversight, service contract bidding, negotiation and implementation, tenant relations, tenant invoicing, accounts payable, sundry charges and accounts receivable are handled directly by MRA. Property level financial and partnership accounting is provided on a monthly basis by MRA on a cash, accrual, cash and accrual basis as well as in accordance with GAAP. Leasing services are typically outsourced to the strongest, non-conflicted brokerage firm in the market.

Angelo, Gordon & Co. is a money management firm founded in 1988 to focus exclusively on alternative money management activities. The firm primarily invests in private real estate, distressed securities, convertible hedging, merger arbitrage, real estate securities hedging, utility hedging, leveraged loans and private equity. The firm's real estate investment strategy is to acquire real estate properties in the United States across a broad range of geographical markets and product types, including office buildings, hotels, shopping centers, apartment buildings, and industrial property. To date, Angelo, Gordon & Co. has participated in over 165 real estate investments on behalf of our firm and various managed investment funds over the past twelve years having a gross purchase price in excess of $5.8 billion.

 CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2008 revenue).  The Company has more than 30,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis has been named a BusinessWeek 50 “best in class” company and Fortune 100 fastest growing company two years in a row. Please visit our Web site at www.cbre.com.