Walser of Island Associates brokers $1.2 million sale
John Walser of Island Associates (IA) represented the buyer and seller in selling a former KFC building located at 498 East Main St. for $1.2 million. The buyer's use is yet to be determined.
The size of the building is 2,136 s/f on 1/2 acre. The buyer is a developer of fast food franchise with over 50 locations that IA represents on Long Island.
IA, a commercial real estate brokerage and management firm, provides a full range of services for institutions, investors, developers, retailers and owners of commercial, retail and multifamily properties.
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