Category: Long Island

Holbrook, NY CAMCO Commercial Real Estate LLC brokered a lease for 100 Colin Dr., a 54,750 s/f industrial facility. ITOCHU Corp. leased the industrial property from Sherwood Corporate Center LLC on a 10-year NNN (triple net) basis at $12 per s/f annually.

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

Commack, NY Cronheim Mortgage has arranged an UPREIT acquisition and financing for Mayfair Shopping Center, a 221,000 s/f, 25-acre community center located along Jericho Tpke. (Rte. 25). Allison Villamagna and Andrew Stewart represented the seller, Arlona Limited Partnership and Arlona Realty LLC, and arranged acquisition financing on behalf of the buyer, Brixmor Property Group.

Port Jefferson, NY According to Frederick Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), the agency has closed on a package of economic incentives for a proposed 73,430 s/f, 53-unit

Smithtown, NY Victoria Tudisco, a member of Forchelli Deegan Terrana LLP’s marketing department, has been selected by HIA-LI as a recipient of the Rising Leadership Awards for 2026. An

Stony Brook, NY Ronald McDonald House Long Island has commenced construction on the new $34 million Ronald McDonald House at Stony Brook Children’s Hospital, marking a major milestone in the

Bellport, NY Cronheim Mortgage has secured $10 million of financing for the 87,813 s/f BJ’s Wholesale Club. Brandon Szwalbenest, Andrew Stewart, and Dev Morris placed the

Bethpage, NY Cushman & Wakefield executive managing director Rob Kuppersmith has arranged a 117,000 s/f industrial lease at 999 Bethpage Rd., on behalf of MidniteSnax and Dana’s Bakery.

Syosset, NY Silber Investment Properties (SIP) has successfully brokered the sale of two prime shopping centers in Nassau County, Long Island, for a combined total of $17 million. The premier retail assets — located at 180 Jericho Tpke. in Syosset and 350-382 W. Old Country Rd. in Hicksville — encompass a combined 46,983 s/f. Both properties were acquired simultaneously by Castle Bay Management Services

Babylon, NY The two-year, multi-phase modernization project at Long Island Rail Road (LIRR) Babylon Station reached a major milestone as the station’s newly reconstructed 12-car platforms opened to riders two weeks ahead of schedule, in time for the busy East End summer travel season.

In New York state, especially on Long Island, real estate taxes are often among the largest costs associated with owning commercial real estate. Consequently, it is common for commercial property owners to

Long Island’s industrial real estate market continues to show resilience even as broader national fundamentals soften, according to recent data. The industrial vacancy rate for Long Island declined 20 basis