News: Long Island

Zere of Zere Real Estate Services secures recent leases totaling 47,400 s/f

Michael Zere, Executive Vice President, Zere Real Estate Services has recently closed on 47,400 s/f of office and industrial deals in the mid-Suffolk region of Long Island recently. Among the office deals were: * 3,800 s/f to School Wide Inc. in Holbrook; * 3,000 s/f to Express Research Services in Ronkonkoma; 3,000 s/f to Endochrine Associates of LI in Smithtown; 2,500 s/f to Led Specialists in Holbrook; 1,800 s/f to Alarcon Law Group in Holbrook; 1,600 s/f to European Connection in Ronkonkoma; 1,200 s/f to Castellon Associates; 1,100 s/f to K Technology Inc. in Ronkonkoma; 1,000 s/f to Country Chiropractic in Lake Grove; 1,000 s/f to National Energy Audit; 1,000 s/f to Technologies Inc. in Ronkonkoma; 1,000 s/f to Edward Scott, CPA, in Ronkonkoma; 1,000 s/f to Remington Biographies; 1,000 s/f to Music To Your Ears; 500 s/f to Global Home Capital; Among the industrial deals were: 3,000 s/f to Living Doors Inc., in Medford, 3,000 s/f to Service Master, in Medford, 3,000 s/f to Spectra Color Group; 2,600 s/f to Techni Rep Inc.; 2,000 s/f to Cenci Inc., in Ronkonkoma, 2,000 s/f to Magnum Research; 2,000 s/f to Paxstore Inc.; 2,000 s/f to G&D Design Group Inc.; 1,800 s/f to Melting & Filling Equipment; and 1,500 s/f to Thanker Consulting & Manufacturing. "While tenants are still scaling back the main concern is more about staying power for small business owners, despite the costs of one moving their operations, in the long run it all works out to their benefit," said Zere.
MORE FROM Long Island

Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.