Cohen of Ashlind Properties negotiates 1031 exchange for Savoy Medical Supplies

Hauppauge, NY Richard Cohen of Ashlind Properties negotiated the deal for Savoy Medical Supplies to purchase 40 Rabro Dr.through a 1031 exchange. This facility comprises 47,090 s/f of office and industrial space.

This deal marks Ashlind’s third transaction with Savoy Medical.

Cohen has played a pivotal role in assisting Savoy in consolidating their various warehouse operations over time. Savoy supplies physicians and hospitals with medical equipment and furniture.

Six months ago, Cohen sold their 20,000 s/f facility located at 171 Remington Blvd. in Ronkonkoma.  Not long afterward, he sold their second facility a 36,000 s/f building located at 745 Caleb’s Path.

Established in 1990, Ashlind Properties is an independent, full-service commercial real estate firm that provides a high level of specialized industrial real estate brokerage. Beyond his experience and level of technical expertise, Cohen prides himself on the fact that a great number of deals he negotiates are with repeat customers. “Placing my customers’ interests first is the corner stone of my core values and also my business success.  I approach ever relationship new and old, with that ethic”, said Cohen.