New York Real Estate Journal

NAI Friedland industrial division brokers two sales totaling $2.075 million and two leases totaling 16,750 s/f

April 23, 2010 - Brokerage
The industrial division of NAI Friedland Realty has completed two sales totaling $2.075 million and two leases totaling 16,750 s/f. The deals include: * The sale of 37,000 s/f at 42-63 3rd Ave. for $1.75 million. NAI Friedland senior executive VP Ross Schneiderman brokered the transaction between Gilic Realty (purchaser) and SMB Building Corporation (seller). * A two-year lease of 11,400 s/f at 2521 Butler Place. NAI Friedland industrial associate Jeff Clinton represented both the tenant, NortheastRemsco Construction, and the landlord, GLC Property. * A five-year lease of 5,350 s/f at 389 East 3rd St., Mt Vernon. Schneiderman represented the tenant, Tecogen, and Clinton represented the landlord, Seven Nation LLC. * The sale of 2,250 s/f at 114 Herriot St., Yonkers for $325,000. Executive director Steve Kornspun represented both Pyramid America (purchaser) and the private seller.