Hauppauge, NY Richard Cohen, president of Ashlind Properties has brokered two sales totaling $7.345 million.
In the first deal, Cohen represented the seller, Meopta U.S.A., and buye, LNK International, Inc. in the $5.35 million sale of 50 Davids Dr. The 40,000 s/f facility is fully air conditioned and has expansion capabilities.
In the second deal, Cohen represented the seller, Halddr Holding Corp., and buyer, R & S Realty Group LLC, in the $1.995 million sale of 87 E. Jefryn Blvd., Deer Park. The purchaser owns Integrated Technology Labs.
There will be 7,500 s/f available in the building for lease.
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.