Simone Development has a healthcare real estate portfolio topping 3 million s.f. and growing
By John B. Mugford
The Simone Development Companies team gathered in August 2023 with executives of Catholic Health and local officials to celebrate the opening of a $47 million, 63,000 square foot outpatient facility in a repurposed retail space in Centereach, N.Y. (Photo courtesy of Simone Development Companies)
In the Greater Tri-State area centered on New York City, Bronx, N.Y.-based Simone Development Companies has become quite well known for building and owning a wide array of property types.
The company is also well-known for – in the opinion of some observers – helping turn the Bronx into a desirable location for commercial projects through its heavy investment in the once-underdog borough.
The firm’s portfolio of acquired, developed, owned and managed commercial properties totals more than 7 million square feet, with the type of properties including mixed-use projects, retail centers, industrial/flex facilities, residential housing – and the property type that the firm’s president and co-founder has a great passion for.
That property type is
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