Nicholson of Island Associates brokers $1.45 million sale of 13,000 s/f office building
Chris Nicholson represented seller in a $1.45 million sale of an office building located at 30-40 Main St.
The building is approx 13,000 s/f on one floor with 3 existing tenants, including Shore Drugs, Army recruiting (Government) center and medical offices. The building currently has one vacancy. The new owners, the Nazzaro Group, represented by Greg Mogil of Mogil Realty Group, where Island Associates represented the owner/seller will be renovating the entire building effective immediately to attract new tenants.
The building is highly visible and commands a significant presence.
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter