Long Island

Lewis of ERG Commercial RE is sole broker in $725,000 sale

Greenvale, NY ERG Commercial Real Estate delivered the sale of a mixed-use two-story building for $725,000. The 4,330 s/f building located at

Metropolitan Realty Associates closes $9.6 million loan with IDB Bank

Bayshore, NY According to Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC, (MRA) the company has closed a $9.6 million loan with

Colliers arranges three leases totaling 13,020 s/f

East Setauket, NY Colliers has secured a 10-year lease for Northwell Health at Stony Brook Technology Center (SBTC). The firm also arranged two additional leases for

Suffolk IDA preliminarily approves transaction for BG May St., LLC

Huntington Station, NY The Suffolk County Industrial Development Agency (IDA) has preliminarily approved a transaction for BG May St., LLC (Blue & Gold Holdings) to invest

Mojo Stumer Associates honored for design of 5Pointz LIC

Greenvale, NY According to Mojo Stumer Associates, its recently completed project at 5Pointz LIC was recognized as Honoree by Interior Design Magazine for

Hunt Corp. Commercial Real Estate Q&A: Evaluating the buyer - by David Hunt

Q: We are selling an industrial building and have multiple offers that are very close. Besides price, how else would you evaluate the offers in making a final decision?

BEB Capital acquires mixed-use property for $8 million

Port Washington, NY BEB Capital completed the acquisition of 4 Tri Harbor Court. The 47,702 s/f industrial property was previously owned by Aceto Realty Holdings,

Stelma named CFO of Engel Burman’s Development Division

Jericho, NY According to Jan Burman, president of Engel Burman, William Stelma has been appointed as the company’s new chief financial officer for its

JLL Capital Markets arranges $77.36 million acquisition financing of Southpoint at Massapequa for Fairfield Properties

Massapequa, NY JLL Capital Markets has arranged $77.36 million in agency financing for the acquisition of Southpoint at Massapequa, a

Rockpoint Group and BEB Capital form $1 billion industrial-focused joint venture

Port Washington, NY BEB Capital (BEB), a leading investor and developer of industrial, office and multifamily assets throughout the East Coast, formed a programmatic joint venture with