News: Long Island

Gerstenhaber of Centro represents 2,400 s/f Tropical Smoothie Cafe at Nesconset Shopping Center

According to Centro Properties Group, a 2,400 s/f Tropical Smoothie Café recently opened at Nesconset Shopping Center, located at Nesconset Hwy. (Route 347) and Norwood Ave. Adrienne Rice of The Windsor Realty Group, Atlanta, Ga., represented Tropical Smoothie Café. Centro Properties Group is the owner of Nesconset Shopping Center and was represented by David Gerstenhaber with Centro Properties Group. Centro Properties Group US is one of the premier real estate companies in the United States focusing on the ownership and management of community and neighborhood shopping centers. As a comprehensive real estate company, it manages a national portfolio of 585 properties aggregating approximately 92.1 million square feet of gross leasable area, including 37 properties held through joint ventures. The portfolio is strategically located across 39 states and is primarily grocery or name-brand discount chain anchored. Centro Properties Group US is headquartered in New York, New York with multiple regional and local offices across the United States.
MORE FROM Long Island

Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.