Category: Long Island

Hauppauge, NY According to Ralph Perna, executive managing director of Newmark Knight Frank, American Regional Health has purchased 45 Adams Ave. for $4 million.

Carle Place, NY According to Pliskin Realty & Development, sales associate Christopher Wierzbicki has brokered three retail leases at Plaza 200 located on Glen Cove Rd. totaling 9,750 s/f. Pliskin Realty & Development is the owner and property manager for the property.

East Meadow, NY Carrie Adduci has joined the real estate practice group at Certilman Balin Adler & Hyman, LLP as an associate.

Syosset NY Milvado Property Group has signed nine new leases in the first quarter of this year, totaling 49,500 s/f. Over the same time period, the company has secured four lease renewals and expansions totaling 24,900 s/f, bringing the total number of leases signed in Q1 to 74,400 s/f.

Medford, NY New England Retail Properties, Inc. (NERP) has acquired  4.07 acres of commercial land on Rte. 112, Patchogue-Middle Island Rd. for the purpose of developing a small shopping center to be anchored by Tractor Supply Co. (TSC) of Brentwood, TN.

Q: Our business has owned and occupied a small office building for over 15 years, and we are considering refi-nancing. Would there be an advantage to a sale-leaseback over refinancing?

West Babylon, NY Industry One has brokered two Long Island leases totaling 13,500 s/f.

Lake Success, NY Schuckman Realty has added Ilya Gamer to their investment sales team. He is an off-market specialist in the sales and acquisition of all commercial property types in NYC with an emphasis on high street retail and new developments.

Commack, NY Hunt Corporate Services, Inc. has completed the sale of a 9,500 s/f suburban office building at 354 Veterans Memorial Hwy. for $1.125 million. An investor bought the building, which has a healthy tenant mix of attorneys, accountants, physicians, and non-profits. The three-story building is part of an office park at the entrance to the Northern State Pkwy. that was originally built in the 1980s by developer Herman Udasin.