Babylon, NY Ron Kleinberg of Tri-State Properties brokered the sale of this retail/apartment building on Main St. for $1.664 million. Tri- State Properties was the exclusive selling broker representing both the seller and buyer. The two-story building totaled 10,000 s/f which included a 3,000 s/f
Hauppauge, NY BEB Capital (BEB) said that Premier Care Industries has signed a 56,500 s/f lease at 100 Marcus Blvd. The property will be used as one of Premier Care’s logistics warehouse.
Amityville, NY Greystone provided a $11,749,000 Fannie Mae Delegated Underwriting & Servicing (DUS) loan to refinance a 61-unit multifamily property. The financing was originated by Jesse Yodice, director at Greystone.
Medford, NY Cronheim Mortgage has arranged $3 million in financing for a 69,350 s/f shopping center located in Suffolk County. Allison Villamagna and Andrew Stewart placed the financing with one of its portfolio lender relationships and will act as correspondent and servicing agents. The financing was
Melville, NY The Feil Organization signed two leases totaling 31,320 s/f at 1305 Walt Whitman Rd., a class A office building. The Long Island Board of Realtors signed a 24,585 s/f, 15-year lease across the third floor while existing tenant Medigap Life LLC relocated within the building
Garden City, NY Inspire Design Creative Studio, a full-service artwork, design consulting and management firm has partnered with MarkMaster Inc., a premier manufacturer of custom and stock identity solutions located in Tampa, FL, to supply design solutions for commercial spaces across corporate,
The Master of Corporate Real Estate (MCR) is granted by Corenet International, a worldwide organization of corporate real estate executives. The coursework has a strong financial component, which emphasizes the critical need for understanding corporate real estate’s linkage to the corporate bottom line.
When the growth of the property tax expense outpaces rental revenue, property owners must be creative in an effort to maximize their net operating income (NOI). For decades, savvy property owners have been utilizing their roofs for just that. The roof can be a valuable asset in two main areas: installation of
East Hampton, NY Brown Altman & DiLeo, LLP after extensive negotiation, David Altman, founding partner of Brown Altman & DiLeo handled a commercial leasing transaction on behalf of ConnectOne Bank. This new full-service branch is located at 78B Park Pl., securing a long-term commitment for the
Islip, NY Roger Delisle and Richie Buono of Island Associates Real Estate Inc. negotiated and closed the purchase and sale of a 5,200 s/f industrial/warehouse building located at 205 Brookville Ave. The warehouse section of the building has over 20 ft. of clear space below the steel,
