According to Four G's Associates, a Long Island investor, it has purchased a three building industrial portfolio totaling 90,000 s/f. The deal was arranged by Alliance Real Estate Corp. and Colliers International. Alberto Fiorini, managing principal of Alliance Real Estate represented the buyer Four G's, while Jeff Schwartzberg, senior director and Kyle Burkhardt, director of Colliers represented the seller 26 East Park Ave. Corp., MK Realty Inc. and David Kliers."
All three brokers involved in the transaction are active members of the board of directors of the Commercial Industrial Brokers Society of Long Island.
The properties involved were:
915 Long Island Ave. & 18-20 Evergreen Pl., sold for $5.175 million. The property contains 90,000 s/f and is located on 5.14 Acres. 18 Evergreen Pl. contains 40,000 s/f and is 100% leased. 20 Evergreen Pl: contains 19,500 s/f and is 100% leased. 915 Long Island Ave. contains 30,500 s/f and is partially leased. Tags: