News: Brokerage

Dolgin and Gourianov of KDA rep owner in 12,000 s/f lease for Antillana Supermarket

According to Kalmon and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged a 12,000 s/f, long-term lease for Antillana Supermarket, a chain of stores offering Spanish-American foods, at 1339 Jerome Ave. in the Mt. Eden. Grant Dolgin and Dmitri Gourianov of KDA represented the owner, while Victor Angelillo of VIP Realty represented the tenant. The one-story industrial warehouse on Jerome Ave. near 170th St. offers great frontage in an area heavily trafficked by both pedestrians and vehicles. The property offers one drive-in door, 13-foot ceilings, and will be converted from industrial use to a retail supermarket use. The property at 1339 Jerome St. is a part of the recent trend of industrial properties undergoing conversion to retail and office space. KDA has been very active both on the brokerage and development side in making such conversions successful for its properties. KDA is in the process of converting 74 Guernsey St., a 7,500 s/f industrial building in a prime area of Brooklyn's Northside Williamsburg neighborhood, into retail and office space. 1339 Jerome Ave. is just steps away from the #4 subway line, and the B and D trains are two short blocks away. The property has close proximity to the Major Deegan Expressway and major thoroughfare, Grand Concourse. Founded in 1904, Kalmon Dolgin Affiliates offers over a century's worth of experience in the management, sale, leasing and marketing of commercial and industrial property throughout the New York Metropolitan region. In addition to its staff of 35 brokers, Kalmon Dolgin Affiliates, through its subsidiary, KND Management Co., Inc., operates a portfolio of over six million square feet of industrial, office, medical and retail space in ten states. Their highly-trained professionals offer a practical, street-wise approach to real estate, supported by the latest in real estate management and research technology and four generations of unparalleled expertise.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking