News:
Brokerage
Posted: November 8, 2022
Epstein of RC Commercial Partners completes two leases at Palm Plaza shopping center
Brentwood, NY Ron Epstein of RC Commercial Partners leases two stores new Palm Plaza shopping center.
Palm Plaza Grocery Corp, operating as Compare Foods, has opened an 8,000 s/f supermarket in Brentwood. This is the fourth and largest store to date for the operator, Jose Urena.
“We saw that this market is not being properly served by the stores that are here,” said Urena, “we also recognized this as a tremendous opportunity to grow our business to the next level. We are very excited to be a part of the community and thankful for the warm reception we’ve had during our opening.”
Palm Plaza Laundromat also opened a 4,000 s/f space at the shopping center with 132 washers and dryers.
The Palm Plaza, a brand new 12,000 s/f shopping center located at 1070 Islip Ave., is 100% leased. Epstein represented the Landlord and Tenant in both lease transactions.
Tags:
Brokerage
MORE FROM Brokerage
Investment Property Realty Group closes $2.175 million sale of 247 Leonard St.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
Quick Hits
Columns and Thought Leadership
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
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.
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
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,
.gif)
August Promotion
