West Babylon, NY Industry One has brokered two Long Island leases totaling 13,500 s/f.
In the first deal, Tom Courtney of Industry One brokered a 8,200 s/f industrial lease at 32 B Nancy St. Courtney represented the tenant, Power Resource International Inc., and the landlord, Nicolia Industries, represented themselves.
In the second deal, Greg Picker and Bob Misa of Industry One co-brokered a 5,300 s/f industrial lease at 21 A Edison Ave. Picker represented the tenant, LI Egress Pros Inc., and Misa represented the landlord, Ricca Properties.
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.