Founded in 1997, Islandia, New York based Coldwell Banker Commercial Island Corporate Services (CBCICS) is an affiliate of the most well recognized commercial real estate brand name in the United States - Coldwell Banker Commercial®. Coldwell Banker Commercial is owned by Realogy Holdings Corp. (NYSE:RLGY), a $7.4 billion public company. Leon Black's Apollo Global Management is Realogy's largest single shareholder. CBCICS is a commercial real estate brokerage firm with tenant and ownership representation, consulting advisory services, land use/zoning expertise, valuation, REO-OREO-foreclosure services, litigation support/expert witness and property management functions.
The strategically located office is located at One Suffolk Square in Islandia. The office is positioned in the epicenter of commerce and industry on Long Island halfway from the western border of Nassau County to the Suffolk County Seat in Riverhead. CBCICS is located immediately off the Long Island Expressway (Rte 495) at Exit 57. CBCICS is led by its two Managing Principals; Leo Farrell and Lee Rosner, CCIM SIOR. They supervise a local staff of agents and administrative personnel. The office phone number is (631) 232-4400. The firm matches clients with commercial properties to accommodate expansion, relocation, and investment. Governmental agencies, corporate tenants, commercial landlords and developers consult CBCICS regularly for market reports and analysis. Moreover, the firm analyzes the performance of income-producing properties for investors and lending institutions.
CBCICS enjoys a special understanding of Long Island's office and industrial real estate market. It has sold or leased hundreds of office and industrial properties in the region. Active in both landlord representation and tenant representation, CBCICS serves as a window on the availability of properties in the region's commercial real estate market.
The firm is a Licensed Real Estate Broker in the State of New York. CBCICS negotiates leases on behalf of property owners as well as tenants and is regularly called upon to provide consulting advisory services on the marketing potential of diverse property types. Over the years, CBCICS has sold many office buildings, industrial - warehouse flex buildings, retail properties and land, emerging as one of the best-known commercial brokers on Long Island.