News: Shopping Centers

Delisle of Island Associates and Brody of Brody Realty broker expansion for CVS

Island Associates brokers expansion on behalf of CVS Drugs Store located at 721-755 Fort Salonga Rd. (Rte. 25A). CVS previously occupied 8,300 s/f, reflecting their desired space requirements 15 years prior. Today, space requirements range from 12,000-13,500 s/f. Island Associates negotiated expansion to incorporate an additional 6,300 s/f occupied by a prior tenant (Ground Round Restaurant) and the repositioning of an existing cleaners store. The approval thru the town and negotiating with the existing tenants was a dilatory process encompassing over 12 months for the new 14,600 s/f store. Roger Delisle of Island Associates representing CVS with Gary Brody of Brody Realty representing landlord at this location. Island Associates continues seeking CVS sites located in Nassau/Suffolk Counties assisting in their expansion on the island.
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