News: Long Island

Hunt of Hunt Corp. reps landlord in 12,500 s/f industrial lease renewal, Smith of Mohr Partners reps tenant, Curtiss-Wright Controls

According to Hunt Corporate Services, Inc., Curtiss-Wright Controls Integrated Sensing has renewed their lease of 12,500 s/f of industrial space at 175 Central Ave. David Hunt of Hunt represented the landlord, Anton-Cerrone Associates. Trent Smith of Mohr Partners (Dallas, Tex.) represented the tenant. Curtiss-Wright Controls Integrated Sensing, a subsystem of Curtiss Wright Controls, headquartered in Charlotte, N.C., produces a range of sensors and subsystem solutions for aerospace, defense and industrial applications. 80 years ago, Curtiss-Wright was formed by the merger of companies founded by Glenn Curtiss, the father of naval aviation, and the Wright brothers, renowned for history's first flight. These technological pioneers ushered in the era of aviation and their trailblazing spirit made history. Curtiss-Wright has changed dramatically over the past eight decades, and continues to transform itself to be at the forefront of the markets. "Curtiss-Wright has been an ideal tenant for many years, and a great example of the sophisticated engineering and production that does so well on Long Island." said Hunt, president of Hunt Corporate Services, Inc. "We are pleased to continue our relationship with them." Hunt Corporate Services, Inc. specializes in exclusively representing clients for the acquisition or disposition of commercial real estate. Hunt Construction Services, Inc. provides general contracting, construction management and maintenance services for Long Island companies. For further information, contact Lil Pavone at (516)937-1000 or [email protected]. Full information on the firm and its clients can be found atwww.huntcorp.com and www.huntcsi.com.
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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.