News:
Brokerage
Posted: October 29, 2024
Paul and Samuel Adler of Rand Commercial Receive HV Chapter of NYSCAR Economic Development Dealmakers Award
Valley Cottage NY Paul Adler, Esq., SIOR and Samuel Adler were awarded the Economic Development Award for the successful transaction they brokered in connection with the sale of 400 Corporate Court, Valley Cottage NY.
This was a 50,000+/- s/f state of the art bus / transportation facility on 16.9+/-acres sold to Realterm; a company that owns and manages transportation real estate and infrastructure assets that serve land, air, sea and rail networks across the world.
“After 45+ years in the commercial Real Estate business, I am most proud of this deal for what it will bring to the local and NYS economy and humbled to share this award with my son Sam.” said Paul Adler, chief strategy officer of Rand Commercial
The sale of this property set an economic price record for Rockland County @ $257/ per s/f which will add almost $300,000 to the tax roles and add 75 jobs to the local economy.
Tags:
Brokerage
Hudson Valley
MORE FROM Brokerage
NAI Long Island achieves 100% occupancy at two Suffolk County office assets
Hauppauge, NY NAI Long Island, an affiliate of NAI Global, has achieved 100% occupancy at two Suffolk County office properties, totaling 50,689 s/f. These exclusive landlord leasing assignments involved 207
 (2).gif)
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
.gif)
August Promotion
