Ronkonkoma, NY According to Hunt Corporate Services, Inc., Fremont Industrial Corp. has leased 4,140 s/f at 33 Comac Loop. Kevin Owens of Hunt represented the tenant. Daniel Ginsberg of Long Island Industrial Group, LLC represented the landlord.
“Fremont Industrial had very specific requirements for relocation from Westbury. It was a bit challenging to find exactly what they needed and they are very pleased to be moving into a more convenient location for their employees,” said Owens. “The landlord will be upgrading the space with a new kitchen, paint, carpet, and an overhead door.”
Fremont Industrial provides services in field measurement of special and custom equipment, installations, pallet racks, mezzanines, implant offices, gas detection, portable, and fixed systems.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,