News:
Long Island
Posted: January 7, 2020
Cohen of Ashlind Properties secures $2.8 million sale of 380 Moreland Rd.
Commack, NY According to Richard Cohen, president of Ashlind Properties, the firm has secured the sale of 380 Moreland Rd., a 20,000 s/f facility. Global Stone / Home Tile Center is selling their former corporate facility to Road Cases USA, Inc.
The sale price was $2.8 million. Ashlind Properties represented the seller and purchaser. The attorney representing the seller was David Perkins of The Law Office of David Perkins, PLLC.
Road Cases manufactures various kinds of cases to protect audio, video, music equipment along with wardrobe and trucks and various other cases.
Synonymous with industrial real estate on Long Island, Ashlind Properties, established in1990 and headquartered in Hauppauge, N.Y., is an independent, full-service commercial real estate firm that provides a high level of specialized industrial real estate brokerage.
Tags:
Long Island
MORE FROM Long Island
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
Quick Hits
.jpg)
Columns and Thought Leadership
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.