Cohen of Ashlind Properties negotiates 1031 exchange for Savoy Medical Supplies

Richard Cohen, Ashlind Properties

Hauppauge, NY Richard Cohen of Ashlind Properties negotiated the deal for Savoy Medical Supplies to purchase 40 Rabro Dr.through a 1031 exchange. This facility comprises 47,090 s/f of office and industrial space.

This deal marks Ashlind’s third transaction with Savoy Medical.

Cohen has played a pivotal role in assisting Savoy in consolidating their various warehouse operations over time. Savoy supplies physicians and hospitals with medical equipment and furniture.

Six months ago, Cohen sold their 20,000 s/f facility located at 171 Remington Blvd. in Ronkonkoma.  Not long afterward, he sold their second facility a 36,000 s/f building located at 745 Caleb’s Path.

40 Rabro Drive - Hauppauge, NY

Established in 1990, Ashlind Properties is an independent, full-service commercial real estate firm that provides a high level of specialized industrial real estate brokerage. Beyond his experience and level of technical expertise, Cohen prides himself on the fact that a great number of deals he negotiates are with repeat customers. “Placing my customers’ interests first is the corner stone of my core values and also my business success.  I approach ever relationship new and old, with that ethic”, said Cohen.