Category: Long Island

JLL Capital Markets close $50m sale of 237,600 s/f distribution center

JLL Capital Markets close $50m sale of 237,600 s/f distribution center

November 2, 2021
Holbrook, NY JLL Capital Markets closed the $50 million sale of a class A, 237,600 s/f industrial distribution center at 4320 Veterans Memorial Hwy.
Marcus & Millichap brokers $25 million self-storage sale

Marcus & Millichap brokers $25 million self-storage sale

November 2, 2021
Middle Island, NY Marcus & Millichap completed the sale of Middle Island Self Storage, a 74,061 s/f, 726-unit self-storage facility managed by Public Storage.
Hunt Corp. CRE Q&A: Renew or move? - by David Hunt

Hunt Corp. CRE Q&A: Renew or move? - by David Hunt

November 2, 2021
Q: We lease approximately 7,000 s/f of office space for our law firm. The space works well and is in a good location for our employees. Our lease expires in a year, and we have an option to renew. Is it really worth the effort to consider moving?
Urban Standard Capital funds $1.65 million renovation loan

Urban Standard Capital funds $1.65 million renovation loan

November 2, 2021
East Hampton, NY Urban Standard Capital completed funding for the acquisition and renovation of a property at 9 Oyster Shores Rd., in the
American Investment Properties handles $965,000 sale of 2,190 s/f medical office property in Hicksville

American Investment Properties handles $965,000 sale of 2,190 s/f medical office property in Hicksvi...

November 2, 2021
Hicksville, NY American Investment Properties (AIP) completed the sale of 372 S Oyster Bay Rd. The 2,190 s/f property is a medical
Hempstead IDA gives preliminary approval to 201-unit project in Lynbrook

Hempstead IDA gives preliminary approval to 201-unit project in Lynbrook

November 2, 2021
Lynbrook, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency has given preliminary approval to a package of
Commercial Classroom: Land – To sell or land lease - by Ed Smith

Commercial Classroom: Land – To sell or land lease - by Ed Smith

November 2, 2021
The value of land generally increases over the long term. Your client, who purchased an acre of commercial land 20 years ago for $50,000, wants to sell it.
Forchelli Deegan Terrana LLP has a Combined Total of 37 Attorneys Selected to the  2021 New York Metro Super Lawyers and Rising Stars Lists

Forchelli Deegan Terrana LLP has a Combined Total of 37 Attorneys Selected to the 2021 New York Met...

October 19, 2021
Uniondale, NY – Forchelli Deegan Terrana LLP (“FDT”) is pleased to announce that the firm has a combined total of 37 attorneys selected to the 2021 New York Metro Super Lawyers and
LI Exec. of the Month: Jeffrey Bernard of Rampart Insurance Group is an insurance expert with over 20 years experience

LI Exec. of the Month: Jeffrey Bernard of Rampart Insurance Group is an insurance expert with over 2...

October 5, 2021
New York, NY The New York Real Estate Journal (NYREJ) sat down for a question-and-answer session with Jeffrey Bernard, risk management specialist, Rampart Insurance Group,
Zere Real Estate Services and Select Equity Advisors collaborate for $5.225m sale of 496 Smithtown ByPass

Zere Real Estate Services and Select Equity Advisors collaborate for $5.225m sale of 496 Smithtown B...

October 5, 2021
Smithtown, NY According to Zere Real Estate Services, a 37,000 s/f, three-story commercial office building at 496 Smithtown ByPass sold for $5.225 million. Located on 1.88 acres, the subject is located off Rte. 347, Rte. 111, and
Gordon joins Forchelli Deegan Terrana

Gordon joins Forchelli Deegan Terrana

October 5, 2021
Uniondale, NY Forchelli Deegan Terrana LLP (FDT) welcomed John Gordon to the firm’s Real Estate and IDA practice groups as an associate.
Tuccillo and Cerrone of Marcus & Millichap broker $3.5 million sale; Silber reps seller, Hempstead Realty LLC

Tuccillo and Cerrone of Marcus & Millichap broker $3.5 million sale; Silber reps seller, Hempstead R...

October 5, 2021
Hempstead, NY Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, brokered