News: Brokerage

Silver of Treeline renews 33,133 s/f lease for law firm

According to The Treeline Companies, Berkman, Henoch, Peterson & Peddy signed a long-term renewal for their 33,133 s/f offices at Treeline's 100 Garden City Plaza. The legal practice that is counsel to the business and financial communities will continue to occupy a portion of the second and entire third floors of the class A office property. Kraig Silver, senior VP of The Treeline Companies, represented the owner. The CBRE team of Philip Heilpern, Richard Karson and Martin Lomazow negotiated the transaction on behalf of Berkman, Henoch, Peterson & Peddy. "We are extremely pleased that Berkman, Henoch, Peterson & Peddy have chosen to renew their lease at 100 Garden City Plaza," said Silver. "After evaluating their long-term office space needs, this top legal firm decided to renew their lease early at our property because of the hands-on management and responsiveness that The Treeline Companies provides for our tenants." Located adjacent Roosevelt Field Mall, 100 Garden City Plaza is a five-story, class A office property. The131,000 s/f building was built in1969 and renovated in 2001. Other tenants in the building include Visiting Nurses of LI, Rosenberg Calica and Birney, and Norcatec, a defense contractor. Established in 1985, The Treeline Companies is a premier, full-service real estate ownership and investment firm based in Garden City. Although Treeline's roots are in Long Island, its branches extend throughout the five boroughs of New York City and the greater New York metropolitan area.
MORE FROM Brokerage

Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul

St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their