News: Long Island

Horn of Schacker Realty brokers $2.6 million sale: 33,871 s/f industrial

 

 

Oceanside, NY According to  Schacker Realty, a fully-tenanted property at 3300-3380 Lawson Blvd. has sold for $2.6 million. The seven-unit multi-tenant industrial building contains 33,871 s/f. 

The seller, 3300 Lawson Oceanside LLC, and the buyer, 3300 Hila Realty LLC were represented by Jeffrey Horn of Schacker Realty. The transaction was an all-cash deal.

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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.