
Ronkonkoma, NY Michael Zere, executive vice president, of Zere Real Estate Services exclusively represented his customer Channel Communications in leasing 3,000 s/f of industrial space at 22 Industrial Blvd.
“The customer needed additional industrial space for their operations on Long Island. The location is ideal. The industrial space site is strategically being situated off the Long Island Expressway (LIE Exit 55) and Sunrise Highway with easy access to major roadways" said Zere.
The owners of the property TDS Inc. were pleased with their new tenant in this lease transaction
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,