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Hauppauge Office Park sold for $61 million

The building at 888 E. Veterans Memorial Hwy.

The building at 888 E. Veterans Memorial Hwy. in Hauppauge in an undated photo. Credit: Google Maps

The Hauppauge Office Park, a three-building office complex, has been sold for $61 million, according to brokerage firm CBRE.

The complex, which was owned by Manhasset-based Colin Development, is located at 888 E. Veterans Memorial Hwy. The property consists of one single-tenant building leased to Allstate, and two multitenant buildings occupied by Bridgehampton National Bank (whose branches are being rebranded as BNB Bank), Morgan Stanley, Crawford & Co. and Urban Financial America.

The purchaser is listed as Signature Acquisitions in a Thursday news release.

Jeffrey Dunne and Steven Bardsley of CBRE’s Stamford, Connecticut, office and Philip Heilpern from the brokerage’s Melville office oversaw the deal.

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