News: Brokerage

Lorenzo, Hrvatin, Schneiderman, Kaufman and Cokin of NAI Freidland secure 90,557 s/f

NAI Friedland's retail, industrial and office divisions closed 6 deals January and February totaling 90,577 s/f. The retail division completed the following: * 8,250 s/f at 302 E. Fordham Rd., Bronx. Executive VP Steve Lorenzo represented the tenant, City Jeans Premium and the landlord, East Fordham R.E. LLC. * 1,200 s/f at 4030 Broadway. Lorenzo represented the tenant, Dunkin' Donuts. Owner and principal broker Gus Perry of Stein-Perry R.E. represented the landlord, Woodrow Court Inc. * 1,177 s/f at 622 White Plains Rd., Tarrytown. Retail specialist Nicholas Hrvatin represented the tenant, Angel Tips Nail Spa. The industrial division completed the following: * 75,000 s/f at 46 Sellers St., Kearny, NJ. Senior executive VP Ross Schneiderman represented the tenant, Galaxy Switchgear Industries. * 2,750 s/f sale at 217 Fordham St. Bronx. NAI Friedland represented the purchaser, Miller Mechanical Systems and the seller, Brothers Kennelly. The office division completed a 2,200 s/f lease at 2521 Butler Place, Bronx. Office specialist Steve Kaufman and senior executive VP Peter Cokin represented the tenant, Lycatel LLC and the landlord, GLC Properties Inc. "Last year was a good year for NAI Friedland and we finished up strong. Our brokers closed deals that took many months to consummate, but it shows that business is out there and our brokers are actively in the market," said Tony Lembeck, NAI Friedland's CEO. "Our clients are seeing the value in working with a local firm that has the global reach of NAI and even in this difficult economy, our brokers are continuing to match clients with space that suits their needs." Lembeck said, "More and more, our clients are looking to us for guidance in many areas other than sales and leasing. They see NAI Friedland as the advisor who can address all of their real estate needs including valuation, property management, positioning consultation and market analysis. Our firm is growing and we are optimistic about the new year."
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