News: Long Island

Batista of Sabre Real Estate Group arrange 2,403 s/f lease to Moe's Southwest Grill

Sabre Real Estate Group LLC, the metropolitan area's leading independent retail brokerage, has arranged a lease for Moe's Southwest Grill. Moe's Southwest Grill, which serves fresh made-to-order burritos and southwest fare in a fun and laid back environment, is expected to open in the fall in a 2,403 s/f end-cap at the Gateway Plaza shopping center, 499 Sunrise Hwy. N. Service Rd., a 389,247 s/f shopping center at the intersection of Waverly Ave. Moe's currently operates seven restaurants in Nassau and Suffolk Counties. Greg Batista, a director at Sabre, arranged the transaction. Pergament Properties, of Woodbury, Long Island, is the landlord.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

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.