Prominent industrial leases signed by Absolute Hot NY, KeySpan Gas East and Net Zero negotiated by top dealmakers from CBRE, JLL, Pinnacle Realty and Hartz Mountain Industries are among the third-quarter industrial leases recognized by CoStar. As big-ticket items involving sizable investments, commercial property transactions often have a wider impact within the community. CoStar will…
690 Albany Ave., Amityville Qaswa Corp., a distributor of honey, soap, tea and other products, leased 3,500 square feet of industrial space at 690 Albany Ave. in Amityville. Michael Parnes and James Parnes of Schacker Realty represented the tenant, while landlord Dorf Properties was self-represented in the lease transaction.
303 Merrick Road, Lynbrook Emes Solar, a provider of solar installations for residential and commercial properties, leased 2,122 square feet of office space at 303 Merrick Road in Lynbrook. James Parnes and Michael Parnes of Schacker Realty represented the tenant, while David Sargoy of Brown Harris Stevens Commercial represented the landlord, 303 Merrick LLC, in…
184 Lauman Lane, Hicksville J.A.J. Stoneworks Corp., a stone fabricator and masonry contractor, leased 3,000 square feet of industrial space at 184 Lauman Lane in Hicksville. Anthony Filipelli of Schacker Realty represented the tenant, while the landlord, Cougar Management and Realty Services, was self-represented in the lease transaction.
Merrick Commercial Property Trades for $1.6M A commercial property in Merrick has sold for $1.6 million. BX Sunrise LLC, an affiliate of a Merrick-based commercial real estate investor, purchased the 2,704-square-foot building on .20 acres at 153 Sunrise Highway. The property is occupied by long-time tenant A-1 Transmissions & Complete Auto Repair Center. Jesse Jimenez…
Representing rapidly growing sister cosmetic companies, Absolute N.Y. Corp. and Proxima N.Y. Corp., James Parnes and Philip Shwom completed the lease after a lengthy negotiation. CBRE represented the landlord, Hartz Mountain Industries. 235 Pinelawn Road is the site of the former Newsday headquarters, which was razed in 2021 and redeveloped into a 600,000 sq. ft.…
Schacker Realty is excited to announce a new addition to our team. Gurnistar (“Nistar”) Singh, has joined Schacker as a Licensed Real Estate Salesperson, and will be specializing in the sale and lease of industrial properties in the Long Island real estate market. Nistar is a graduate of the Stevens Institute of Technology in Hoboken,…
49 Sealey Ave, Hempstead An autobody shop in Hempstead is expanding with the purchase of an adjacent industrial property. Wreck Realty LLC, an affiliate of Wreck & Mend Autobody, purchased a 6,212-square-foot industrial building on .23 acres at 49 Sealey Ave. in Hempstead for $1.2 million. The company already occupies the property next door at…
610 Rutgers Road, West Babylon S&L Machining, a machine shop, purchased a 6,400-square-foot industrial building on .32 acres at 610 Rutgers Road in West Babylon for $1.5 million. Jeremy Hackett of Metro Realty Services represented the buyer, while Jeffrey Horn of Schacker Realty represented the seller, Eastern Fortune Inc., in the sales transaction.
71 Verdi St., Farmingdale Royal Backdrops, a party planning and event design business, leased 4,000 square feet of industrial space at 71 Verdi St. in Farmingdale. Anthony Filipelli of Schacker Realty represented the tenant, while Desmond Mullins of Premier Commercial Real Estate represented the landlord, Verdi Management LLC, in the lease transaction.https://libn.com/2023/06/08/inked-recent-li-real-estate-deals-254/