News: Brokerage

Stock of Milvado and Rosati of Colliers Int’l. co-broker 4,140 s/f lease

JoAnn Stock,
Milvado Property Group

Ronkonkoma, NY According to Milvado Property Group, Dexterity Furniture is taking a 4,140 s/f lease at 1 Comac Loop. Tommy Rosati of Colliers International represented the tenant, while JoAnn Stock, director of leasing, represented Milvado in-house.

Milvado’s 1 Comac Loop is part of Equi-Park, a 661,000 s/f industrial park comprising eight prestigious buildings. They offer a combination of industrial, R&D and office commercial space in Long Island. Providing flexible workplace solutions, the buildings feature various size units, as well as ample parking and docks that are attractive to a variety of companies, from smaller privately-owned organizations to large publicly-held corporations. Situated on 50 acres in Suffolk County, Equi-Park is near the Long Island Expressway and MacArthur airport as well as multiple transportation routes.

Milvado Property Group is a leading owner and manager of industrial, office, mixed-use, and R&D properties in Nassau and Suffolk counties. The company’s portfolio spans 3.6 million s/f across 38 buildings.

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
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,