THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

180 Heartland Blvd., Edgewood FIVF-III-NY1 LLC, a Manhattan-based real estate investment fund, purchased a 24,000-square-foot industrial building on 2 acres at 180 Heartland Blvd. in Edgewood for $4.95 million. The property is fully leased to Biochemical Diagnostics. Philip Shwom of Schacker Realty represented the buyer, as well as the seller, BCDI Realty Company, in the…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

As reported by The Long Island Business News, a vacant parcel of industrial-zoned land in Calverton has sold for $3.2 million. Hildreth Real Estate purchased the 10 acres of land at 1001 Scott. Ave. The buyer plans to develop an industrial warehouse and manufacturing facility to be leased by multiple tenants. The property, on the…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

Edgewood Industrial Property sells for $4.95M An industrial property in Edgewood has sold for $4.95 million. FIVF-III-NY1 LLC, a Manhattan-based real estate investment fund, purchased the 24,000-square-foot industrial building on 2 acres at 180 Heartland Blvd. The property is fully leased to Biochemical Diagnostics. The company manufactures and markets controls and disposable sample preparation products…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

740 Koehler Ave., Ronkonkoma NJR Distributor, a distributor of energy drinks, leased 3,800 square feet of industrial space at 740 Koehler Ave. in Ronkonkoma. Michael Parnes of Schacker Realty represented the tenant, while landlord J&L Property Investors was self-represented in the lease transaction.https://libn.com/2022/07/28/inked-recent-li-real-estate-deals-220/

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL EASTATE TRANSACTION

94 E. Jefryn Blvd., Deer Park Siaka USA, a supplier to convenience stores, leased 2,445 square feet of industrial space at 94 E. Jefryn Blvd. in Deer Park. James Parnes of Schacker Realty represented the tenant, while landlord Giaquinto Masonry was self-represented in the lease transaction.https://libn.com/2022/07/15/inked-recent-li-real-estate-deals-219/

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

Hauppauge industrial property trades for $8.65Mhttps://libn.com/2022/06/10/hauppauge-industrial-property-trades-for-8-65m/ An industrial property in Hauppauge has sold for $8.65 million.  May Properties purchased the 36,000-square-foot building on 2.4 acres at 80 Suffolk Court.  Built in 2000, the building has two loading docks and 7,800 square feet of office space.  Phil Shwom of Schacker Realty represented the buyer, while Richard…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

Bubble Tea Firm Expanding with $6.25M Hauppauge Acquisitionhttps://libn.com/2022/05/20/bubble-tea-firm-expanding-with-6-25m-hauppauge-acquisition/ Gong Cha Tea, an international bubble tea franchiser with more than 1,300 locations worldwide, has purchased an industrial property in Hauppauge for $6.25 million.  Courtesy of Gong Cha Tea The company acquired the 31,000-square-foot building on 1.77 acres at 25 Power Drive where it will expand and…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

Solar Company Expanding in West Babylonhttps://libn.com/2022/05/16/solar-company-expanding-in-west-babylon/?ep=1 An Inwood-based solar panel supplier and installer is expanding after purchasing an industrial property in West Babylon.  Sunpower By Kamtech Solar purchased a purchased a 7,400-square-foot industrial building on .31 acres at 480 Rutgers Road in West Babylon for $1.555 million.  The company, which serves both commercial and residential sectors,…