News: Spotlight Content

NAI Friedland retail div. completes 5,504 s/f

According to NAI Friedland, its retail division closed two transactions recently. The combined deals represent 5,504 s/f. Lease of 2,774 s/f at 2455 Central Park Ave. Retail specialist Lou Klein represented the landlord, LCJD Realty, and U.S. Army Corps of Engineers, tenant. Lease of 2,730 s/f at 2901 White Plains Rd., Bronx. Sales representative Steve Kaufman and executive vice president Steve Lorenzo, represented the landlord, Daleber LLC and Allerton Glass Co., tenant. "Deals continue to take a long time to consummate, but business is out there and our brokers are actively showing space throughout our territories," said Tony Lembeck, NAI Friedland's CEO. "We are also receiving more business through our network of affiliated firms of NAI and our clients are seeing, more than ever, the value in working with a local firm that has the global reach of NAI. Even in this difficult economy, our brokers are continuing to match clients with space that suits their needs." Lembeck said, "Our brokers are out in the market every day, working hard to fill every vacancy in Westchester, Rockland, Putnam, and the Bronx. We are on the phones, on the street, canvassing each market regularly to find the best opportunities and our brokers know better than anyone what options are available. 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. NAI Friedland, founded in 1970, is a full service commercial real estate firm covering the entire metropolitan New York area, with a majority of its business in Westchester County and the Bronx, but additionally in Putnam and Rockland Counties, New York City, Connecticut, and New Jersey. Headquartered in Yonkers, New York, Friedland also maintains a satellite office in Manhattan. Friedland sales staff members strive to provide guidance and information that enables clients to make the best lease or purchase decisions. Brokers in Friedland's four divisions -- Retail, Industrial, Office, and Investment Sales - understand their markets and are supported by a sophisticated computer database of available properties and potential tenants. Friedland is a member of NAI, the largest managed network of commercial real estate firms in the world.
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