Lynbrook, NY ERG Commercial Real Estate brokered a $600,000 line of credit on an office building allowing the owner to invest in other properties. The loan was a five-year interest-only floating rate with the flexibility to access funds as needed on the 8,579 s/f office building with 11 units at 347-341 Merrick Rd.
Greenlawn, NY Nouvini Property Investments, LLC has acquired an 8,400 s/f retail property located at 233 - 243 Broadway.The property was acquired all-cash for $3.05 million and closed within 60 days of contract. Triple Net Brokers represented both buyer and seller in this
Although the National Association of Realtors (NAR) does not directly affect New York State, the New York State Association of Realtors (NYSAR) is following the lead of NAR and is complying with the terms of the NAR settlement.
Commack, NY J. Crew Factory will be the next new tenant at Mayfair Shopping Center according to Levin Management Corp. (LMC). The fashion and accessories retailer signed a 6,800 s/f lease at the Jericho Tpke. retail destination.
Melville, NY Brown, Altman & DiLeo, LLP has promoted Lidia Szczepanowski to the position of counsel. The promotion is testament to her dedication, expertise, and the high level of service she provides to the firm’s clients.
There are certainly a number of things to consider. Some firms ask each agent to specialize, become an expert in a particular segment of the market, office leasing or industrial sales or perhaps retail site selection. This is fine but sometimes a segment of the market slows down, and there is no activity in your field, and you make
Amityville, NY Marcus & Millichap brokered the sale of a Walgreens property for $4.65 million. “This location’s lease was recently extended for an additional 12 years, showing the tenant’s commitment to the submarket,” said
Ronkonkoma, NY TRITEC Real Estate Co. made known the 6,948 s/f lease signing of Cornucopia Natural Foods at Station Yards, the 53-acre mixed-use development at the Ronkonkoma Train Station. Maria Valanzano, Steve D’Orazio, and Jake Horowitz from Colliers represented TRITEC.
Bayshore, NY Metropolitan Realty Associates LLC (MRA), in partnership with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, has completed the sale of a five-building industrial portfolio located in Suffolk County, Long Island,
Plainview, NY Rechler Equity Partners hosted its annual ceremony to honor the brokers who helped sustain the company’s record occupancy rates throughout 2023. Honorees gathered at the Rechler Equity headquarters to receive their awards. The honorees accumulated more than 150,000 s/f in lease agreements across the
