News: Brokerage

Farrell of CBC Island brokers $1.2 million sale of 4.53 acres in Brentwood; Pidgeon of CBC Island handles 15-year lease – 10,500 s/f

Shown above is 39 Allen Blvd. - Farmingdale, NY
Brentwood, NY
According to Coldwell Banker Commercial Island Corporate Services (CBC Island), the firm has completed the following transactions:

Leo Farrell,
Coldwell Banker Commercial Island Corporate Services

 

Edward Pidgeon,
Coldwell Banker Commercial Island Corporate Services

 

Leo Farrell, managing principal of CBC Island, completed a 4.53 acre land sale transaction at Grand Blvd. and Rte. 111. Farrell represented the landlord, Farber Industrial, LLC and the purchaser, Inglesia Palabra MIEL Church Long Island. The purchase price was $1.2 million.

Edward Pidgeon, principal of CBC Island completed a 10,500 s/f, 15-year, industrial lease transaction at 39 Allen Blvd. in Farmingdale. Pidgeon represented the tenant, RAV Auto, Inc. and the landlord, Lighthouse Equities Group, LLC. RAV Auto, Inc. is a fleet services company, specializing in repairs and maintenance. 39 Allen Blvd. is a 30,000 s/f, multi-tenant, industrial building located off Broadhollow Rd.

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