News: Brokerage

Lopez and Wadler of Kalmon Dolgin Affiliates negotiate 2,500 s/f lease

According to Neil Dolgin, executive VP of Kalmon Dolgin Affiliates, Inc. (KDA), the firm has arranged a new five-year, 2,500 s/f lease for Master Improvements, a contracting company, at 245 Russell St. in the Greenpoint section. With this lease, Master Improvements is expanding from its Connecticut headquarters and will use the new location for office space and vehicle storage. Vincent Lopez and Jacques Wadler of KDA represented Master Improvements. Howard Darsi of KDA represented the owner, Statewide Oil. 245 Russell St. is a one-story, 10,000 s/f warehouse facility located within close proximity to the Brooklyn Queens Expressway (I-278). United Fuel Service, an oil company, occupies another portion of the building. Previously occupied by the same former tenant as 245 Russell St., KDA is also marketing the adjacent warehouse property at 800 Humboldt Street, a 10,000 s/f building with an 8,000 s/f yard.
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