Long Island
What is the “Good Guy Clause” in commercial real estate? Understanding the term - by Ron Koenigsberg
In commercial real estate there are many terms and phrases that are often tossed around like the “Good Guy Clause,” but how many of them are actually understood inside and out? As a leading professional in the commercial real estate industry, we feel it is our obligation to provide our audience and clients...Mandel, Rizzi, Schrenk and Cruz of JLL close retail property sale
Oceanside, NY JLL has closed the sale of a single-tenant retail building leased to Party City. JLL marketed the property on behalf of the seller. Consolidated-Tomoka Land Co. purchased the asset. The sale price was not disclosed and there was no buyer representative.TRITEC Real Estate holds ribbon cutting for two LEED-certified buildings at Alston Station Square
Ronkonkoma, NY Elected officials and local business and civic leaders attended a ribbon-cutting for the first two buildings in Alston Station Sq. in the Ronkonkoma Hub, a $750 million, 53-acre mixed-use development. Alston, phase one of the Ronkonkoma Hub, has...Zere Real Estate Services completes $1.401 million sale of 8,000 s/f industrial building in Holbrook
Holbrook, NY Zere Real Estate Services sold an 8,000 s/f industrial building for $1.401 million on 0.73 of an acre near the Veterans Hwy. MacArthur Airport Business Corridor. Marie Zere, president & CEO and Michael Zere, executive vice president....Lally joins FDT’s construction practice as partner; Was previously of counsel at law firm
Uniondale, NY Forchelli Deegan Terrana LLP (FDT) has welcomed Robert Lally to its construction practice group as a partner. Prior to joining FDT, Lally, a Bethpage resident, was of counsel at a Bethpage-based law firm.Five Point Real Estate arranges two sales totaling $3.815 million and a 5,739 s/f lease
Brookhaven, NY Five Point Real Estate has arranged three deals that include two sales totaling $3.815 million and a 5,739 s/f lease. The deals include the following:Weiss of T. Weiss Realty reps landlord and tenant in 6,000 s/f office lease
Melville, NY According to T. Weiss Realty Corp., a family-owned developer, landlord and manager of commercial real estate, Sphere, a payments technology and software company, has relocated and expanded its executive offices within its 500,000 s/f office portfolio.Hunt Q&A: Harnessing the brokerage community
Q: I have vacant space available in an office building that I want to lease out. What is the best way to work with brokers? Should I be hiring an exclusive agent?A: While no one broker makes a substantial percentage....