Long Island

Commercial Classroom: Conducting a needs analysis - by Edward Smith

Why Moving • Why is the company relocating? • When will they need to take possession? • When does their existing lea...

CIBS Long Island hosts annual summer networking event

WOODBURY, NY More than 200 members of the Commercial Industrial Brokers Society of Long Island (CIBSLI), one of the region’s largest commercial real estate brokers’ organizations, and others turned out to network at the group’s annual summer party on August 8th.

McCoy of NAI Long Island leases 4,300 s/f office to C-Tech Solutions

Mount Sinai, NY Dennis McCoy, senior director of NAI Long Island, represented the tenant in the lease of 5505 Nesconset Hwy. C-Tech Solutions leased the 4,300 s/f office space for a term of 10 years.

Gonzalez of Industry One Realty Corp. arranges 9,400 s/f industrial lease

Commack, NY Andrew Gonzalez of Industry One Realty Corp. brokered the lease of a 9,400 s/f industrial space located at 63 Austin Blvd.

Hempstead LDC approves $15 million Molloy College tax-exempt bond sale

HEMPSTEAD, NY The town of Hempstead Local Development (LDC) has approved the sale of $15 million in tax-exempt bonds on behalf of Molloy Co...

Zere of Zere Real Estate completes
$3.325 million sale of 10,000 s/f building

Oakdale, NY Zere Real Estate Services has sold a 10,000 s/f professional building as commercial investment property on 3.29 acres at1645 Montauk Hwy. The property is situated in the town of Islip along the Oakdale Business Corridor off of Sunrise Hwy. with a national tenant, Tutor Time Child Care Learning Center.

Vigliotta of Coldwell Banker Commercial Island Corp. leases 7,183 s/f to a distillery

Patchogue, NY Mario Vigliotta, associate of Coldwell Banker Commercial Island Corporate Services, has completed a 7,183 s/f commercial lease at 161 River Ave. Vigliotta represented the landlord, Rowaldal Realty Corp. and the tenant, Great South Bay Distillery, LTD.

Pennetta and Stricoff of Cushman & Wakefield and Flint and Zussman of CBRE complete $10.5 million sale

Hempstead, NY David Pennetta and Robert Stricoff of Cushman & Wakefield and Tim Flint and Mark Zussman of CBRE represented the seller in the $10.5 million sale 40 West Columbia St.

Hunt Corp. Q&A: Choosing the right leasing term

Q: What do recommend as the right lease term for an office lease?

de Seve of Breslin Realty brokers 3,000 s/f lease to Wendy’s in Manorville

Manorville, NY Breslin Realty has completed a long-term ground lease and grand opening of Wendy’s at 496 CR-111. The transaction was n...