Islandia, NY Richard Cohen, president of Ashlind Properties, an industrial/commercial Realtor, represented M & M Awning and Sign a few years ago in the purchase of 180 Oval Dr. M & M Awning and Sign was in the market again due to the growth of their business.
Cohen was able to complete a sale transaction for the building next door at 190-200 Oval Dr. This facility is 23,000 s/f and was purchased for $2.4 million. The seller was represented by Frank Frizalone and Nicholas Gallipoli of Cushman & Wakefield.
Ashlind Properties, established in 1990 and headquartered in Hauppauge, is an independent, full-service commercial real estate firm that provides specialized industrial real estate brokerage.
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.