Valley Stream, NY DJM Real Estate’s principal and senior managing director James Avallone has completed leases totaling 6,112 s/f for two retail spaces at the Toys R Us Shopping Center located at 300 W. Sunrise Hwy. The deals include:
• A five-year lease was signed for 2,112 s/f with H&R Block in which Ryan Feldman of ARD Real Estate represented the tenant.
• A five-year lease was signed for 4,000 s/f with Blinds to Go in which Ari Malul of Schuckman Realty represented the tenant.
Among DJM Real Estate’s list of active and recent clients are Toys R Us, hhgregg, Office Depot, Office Max, American Apparel, Pep Boys, Yum Brands, Safelight AutoGlass, JC Penney, Radio Shack, Food Lion, Tiger Direct, Walgreens, Rite Aid, Black Angus Steakhouse, Claire’s, Reed & Barton and VEREIT.
DJM Real Estate is the real estate arm of 112 year-old, Gordon Brothers Group with offices in Boston, New York, San Francisco, Atlanta, Dallas, Chicago, London, Manchester, Birmingham, Cologne and Tokyo. Founded in 1992 and headquartered in New York, DJM is a worldwide provider of strategic real estate solutions in healthy and distressed situations. We combine experienced professionals, world class technology, research and abundant capital to provide real estate disposition, restructuring, mergers & acquisitions and advisory services. For more information, please visitwww.djmrealestate.com
When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.