Category: Long Island

Tsiolis of Diversified Realty LI sells 98,000 s/f

Tsiolis of Diversified Realty LI sells 98,000 s/f

December 3, 2019
Farmingdale, NY Tommy Tsiolis of Diversified Realty LI, Inc. was the sole broker in the sale of 1 Adams Blvd. The 98,000 s/f building is on 4.35 acres with
Island Associates completes five leases totaling 7,780 s/f

Island Associates completes five leases totaling 7,780 s/f

December 3, 2019
Brentwood, NY Island Associates has completed five leases totaling 7,780 s/f. Island Associates represented the landlord in a lease between
BOMA Long Island’s 11th Annual “Bowling with BOMA” - Oct. 24th

BOMA Long Island’s 11th Annual “Bowling with BOMA” - Oct. 24th

December 3, 2019
Jericho, NY BOMA LI held their 11th Annual Bowling with BOMA on October 24th, which was a successful night.  Their teams were very competitive, but all managed to have fun
Hunt Corp. Question & Answer: Property inspections - by David Hunt

Hunt Corp. Question & Answer: Property inspections - by David Hunt

December 3, 2019
Q: Our firm will need to relocate within the next year, and we are ready to start looking at prospective sites.  Do you have any recommendations for physically inspecting properties with our broker?
Horn of Schacker Realty brokers $2.6 million sale: 33,871 s/f industrial

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

December 3, 2019
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.
Manicone, Fox and Cardino of JM2 Architecture design Unique Fitness in Holbrook

Manicone, Fox and Cardino of JM2 Architecture design Unique Fitness in Holbrook

December 3, 2019
Holbrook, NY According to JM2 Architecture, a new facility for Unique Fitness has been completed at 4890 Veterans Memorial Hwy. JM2 was the project architect. The project cost was not disclosed.
Preuss of Cushman & Wakefield acts for Bapax Ltd. in $5.75 million sale

Preuss of Cushman & Wakefield acts for Bapax Ltd. in $5.75 million sale

December 3, 2019
Hicksville, NY Cushman & Wakefield (C&W) has arranged the sale of 550 West Old Country Rd., a 48,000 s/f office/redevelopment property. The final closing price is $5.75 million.
Densen and Mayor of Island Associates complete <br>$5.095 million office building sale in Central Islip

Densen and Mayor of Island Associates complete
$5.095 million office building sale in Central Is...

November 5, 2019
Central Islip, NY According to Lawrence Densen and Chris Mayor of Island Associates Real Estate, the $5.095 million sale of a 21,300 s/f office building, Court House Plaza, located at 267 Carlton Ave. has been completed. The building is close to Bethpage Ballpark (home of the LI Ducks)...
GCP Capital Group arranges four loans totaling $38.5 million

GCP Capital Group arranges four loans totaling $38.5 million

November 5, 2019
Garden City, NY GCP Capital Group LLC has arranged mortgage financing totaling $38.5 million for the following four deals: A $17 million for a three-level, 53,300 s/f commercial property in Garden City. Matthew Classi, managing member of GCP, arranged the financing...
Pembrook Capital Management closes $5.75 million in financing

Pembrook Capital Management closes $5.75 million in financing

November 5, 2019
Westbury, NY Pembrook Capital Management LLC has closed a $5.75 million preferred equity investment to recapitalize 1025 Old Country Rd., a 200,000 s/f office building and colocation/data center facility. The preferred equity investment complements a first mortgage loan...
Stalco Construction and LKMA complete 18,000 s/f MBAC headquarters; Team includes Nelson + Pope and TDM Consulting Engineers

Stalco Construction and LKMA complete 18,000 s/f MBAC headquarters; Team includes Nelson + Pope and ...

November 5, 2019
Mastic Beach, NY General contractor Stalco Construction and architect, site engineer, and construction manager L.K. McLean Associates’ (LKMA) have completed the new Mastic Beach Ambulance Co. (MBAC) headquarters. The new facility is located at 343 Main St.
Frankel and Gordan of Silber Investment Properties complete $3.45 million sale of 2,950 s/f property

Frankel and Gordan of Silber Investment Properties complete $3.45 million sale of 2,950 s/f property...

November 5, 2019
Manorville, NY VG Manorville LLC has acquired a 2,950 s/f property at 485 County Rd. 111 for $3.45 million from CA 485 COUNTY ROAD LLC. The 1.33-acre property is located at Exit 70 of the Long Island Expressway. Stuart Frankel, president - net leased division of Silber...
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