News: Long Island

Syage of Hunt Corporate Services, Inc. brokers 5,755 s/f lease

According to Hunt Corporate Services, Inc., Proficient Surgical has leased 5,755 s/f of flex space at 99 Seaview Blvd. Chuck Syage of Hunt represented the landlord, C&P Real Estate Holdings, LLC. The tenant was self represented. The building at 99 Seaview Blvd. is a 160,000 s/f, three-story office/industrial building on an 8.93-acre site, located 2.8 miles to Northern State Pwy. and Long Island Expressway. "The space in this building enabled the tenant to consolidate their office and warehouse while leaving room for growth," said Syage. "The interior configuration was a perfect fit for their requirements and they relocated their Great Neck office." Proficient Surgical (Great Neck) specializes in the distribution of products for Neurosurgery, Spine, Ophthalmology and ENT procedures. Proficient Surgical Equipment represents the following select group of world-renowned companies; Leica Microsystems, Aesculap, Varian Medical Systems, SpineWave, Vycor Medical, Katalyst Surgical, LLC and Pro Med Instruments. Hunt Corporate Services, Inc. specializes in exclusively representing clients for the acquisition or disposition of commercial real estate. Hunt Construction Services, Inc. provides general contracting, construction management and maintenance services for Long Island companies.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.