News: Brokerage

NAI Friedland's Industrial Division completes two sales and four leases; Includes a 9,000 s/f lease at 139 Hoyt Avenue by Schneiderman

The industrial division at NAI Friedland completed six transactions, two sales and four leases: * Sale of 17,424 s/f at 11 Kimball Place. Senior executive VP Ross Schneiderman brokered the deal between Kimball Place, LLC (seller) and Spectrum Painting (buyer). Schneiderman represented the buyer. The seller was represented by Ken Sayle and Paul Pallett of Sayle Properties. * Lease of 9,000 s/f at 139 Hoyt Ave., Mamaroneck. Schneiderman brokered the deal between Simone Development (landlord) and HB Home (tenant). Schneiderman represented both the landlord and the tenant. * Sale of 13 acres at 230 Rte. 17, Hillburn. Industrial specialist Jeff Clinton brokered the deal between S & W Estates (seller) and Conserve Construction (buyer). Clinton represented both the seller and the buyer. The property's asking price was $1.1 million. * Lease of 2,000 s/f at 145 Saw Mill River Rd, Yonkers. Executive VP Steve Kornspun, SIOR, and Clinton brokered the deal between Lubin Flowers (landlord) and Azo Reptiles (tenant). Kornspun represented the landlord in the transaction and Clinton represented the tenant. * Lease of 4,150 s/f at 99 Fulton St., White Plains. Industrial/flex specialist Andy Grossman brokered the deal between The Frem Group (landlord) and Candela Lighting Systems (tenant). Grossman represented both the landlord and the tenant. * Lease of 10,000 s/f building with 10,000 s/f of outdoor storage at 1145 Bronx River Ave., Bronx. Grossman brokered the deal between Sire Holdings (landlord) and McKinney Welding Supply Company (tenant). Grossman represented both the landlord and the tenant. "Even in this difficult economy, our brokers are continuing to match clients with space that suits their needs," said Tony Lembeck, NAI Friedland's CEO. "Friedland's brokers know better than anyone what options are available, and our clients, both tenants and landlords alike, continue to flock to us to help them find the right deal at the best price." Lembeck continued, "Friedland's brokers are out in the market every day, working hard to fill every vacancy in Westchester, Rockland, Putnam, and the Bronx. We are canvassing each market regularly to find the best opportunities for our clients. The Industrial Division completed six transactions: * Sale of 17,424 sq. ft. at 11 Kimball Place, Mt. Vernon. Senior Executive Vice President Ross Schneiderman brokered the deal between Kimball Place, LLC (seller) and Spectrum Painting (buyer). Schneiderman represented the buyer in the transaction. The seller was represented by Ken Sayle and Paul Pallett of Sayle Properties. * Lease of 9,000 sq. ft. at 139 Hoyt Avenue, Mamaroneck. Senior Executive Vice President Ross Schneiderman brokered the deal between Simone Development (landlord) and HB Home (tenant). Schneiderman represented both the landlord and the tenant in the transaction. * Sale of 13 acres of land at 230 Route 17, Hillburn. Industrial Specialist Jeff Clinton brokered the deal between S & W Estates (seller) and Conserve Construction (buyer). Clinton represented both the seller and the buyer in the transaction. The property's asking price was $1.1 million. * Lease of 2,000 sq. ft. at 145 Saw Mill River Rd, Yonkers. Executive Vice President Steve Kornspun, SIOR, and Industrial Specialist Jeff Clinton brokered the deal between Lubin Flowers (landlord) and Azo Reptiles (tenant). Kornspun represented the landlord in the transaction and Clinton represented the tenant. * Lease of 4,150 sq. ft. at 99 Fulton Street, White Plains. Industrial/Flex Specialist Andy Grossman brokered the deal between The Frem Group (landlord) and Candela Lighting Systems (tenant). Grossman represented both the landlord and the tenant in the transaction. * Lease of 10,000 sq. ft. building with 10,000 sq. ft. of outdoor storage at 1145 Bronx River Ave, Bronx. . Industrial/Flex Specialist Andy Grossman brokered the deal between Sire Holdings (landlord) and McKinney Welding Supply Company (tenant). Grossman represented both the landlord and the tenant in the transaction. "Even in this difficult economy, our brokers are continuing to match clients with space that suits their needs," said Tony Lembeck, NAI Friedland's CEO. "Friedland's brokers know better than anyone what options are available, and our clients, both tenants and landlords alike, continue to flock to us to help them find the right deal at the best price." Lembeck continued, "Friedland's brokers are out in the market every day, working hard to fill every vacancy in Westchester, Rockland, Putnam, and the Bronx. We are canvassing each market regularly to find the best opportunities for our clients.
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