Phillips Nizer Client Acquires East Greenbush Shopping Center
07/30/2025Phillips Nizer represented an affiliate of its legacy client BRM Development in the acquisition of the Hannaford Plaza shopping center located in East Greenbush, New York, in a tax-favorable transaction, for a purchase price in excess of $17 million, with financing provided through UBS AG New York Branch. The Phillips Nizer team, led by managing partner and real estate practice chair Marc A. Landis, also included corporate partner Brian Brodrick, real estate partners Allen Brill and Chris Aldridge, and real estate associate Huyen Dang.