News: Long Island

Rosner of Coldwell Banker Commercial Island Corp. Services arranges 23,002 s/f industrial lease

Farmingdale, NY According to Lee Rosner, CCIM, SIOR, managing principal of Coldwell Banker Commercial Island Corporate Services an industrial lease has been completed for  Velocity Pharma, LLC.

Lee Rosner,
CBC Island Services

Rosner brokered the 23,002 s/f lease at the Farmingdale Corporate Center located at 210-220 Sea Ln. He represented the landlord, J & L Farmingdale, LLC. Michael Freedberg of Suffolk Industrial Properties represented the tenant, Velocity Pharma, LLC.  

Farmingdale Corporate Center is an industrial/office complex located across from Wal-Mart Plaza and Republic Airport with access to all major highways.   Current tenants include: Source HOV, Universal Hospital Services, Phillips Feed Services, American Van Equipment, Continued Care of Long Island, Group One Limited, New Galaxie Coffee, Lindenmeyr Munroe, etc.   

Velocity Pharma offers medical formulations that cater to all segments of the population and treat all common ailments.  Velocity provides quality products at the affordable prices. In addition, they provide different packaging solutions like bottling and blistering of over the counter products.

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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.