News: Brokerage

Triforce Commercial handles four deals in Rockland County

West Nyack, NY Triforce Commercial Real Estate LLC completed the following transactions:

  • • 210 West Nyack Rd.: 5,900 s/f warehouse space leased long term to a large commercial van organization.  The building is located off NYS Rte. 304, Rte. 59 and is close to the NYS Thruway. This space was rented for an asking rent of $11 per s/f NNN ($6 per s/f). Jason Horowitz, broker of record, of Triforce represented the landlord and the tenant.

According to Horowitz, “Warehousing is now a hot commodity.  We are renting industrial space for unprecedented numbers.  E-commerce has created a massive need for the distribution of goods. We are seeing more and more business owners leaving the city due to prohibitive rents.”

  • 974 Route 304 in Pomona: The 18,000 s/f office building sold for $2.75 million. The building was delivered with 5,000 s/f vacant, providing upside to an investor or user.  The property is off Exit 12 of the Palisades Parkway. Mark Glasel of Triforce represented the seller and the buyer.
  • 70 Red Schoolhouse Rd. in Chestnut Ridge: 18,808 s/f rented to a baseball facility. Richard Feinberg of Triforce represented the landlord and the tenant.
  • 60 Dutch Hill Rd., store 1 and 2 in Orangeburg: 2,750 s/f was leased to Bon Secours Charity Health System Medical Group, P.C. Glasel and Adam O’Gorman of Triforce represented the landlord.

Triforce Commercial Real Estate LLC (@TriforceCRE) is a full-service commercial real estate company that handles buying/selling/leasing of commercial property in both NYS/NJ.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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
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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.