Mark Pawlitschek, Associate of Coldwell Banker Commercial Island Corporate Services, recently completed a 6,000 SF industrial lease at 1626 Locust Avenue in Bohemia, New York. Pawlitschek represented the Tenant, Crossfit Undivided, a core strength and conditioning fitness program. The Landlord in the transaction is 1626 Locust Avenue, LLC.
Leo Farrell, Managing Principal of Coldwell Banker Commercial Island Corporate Services, recently completed a 4.53 acre land sale transaction at Grand Boulevard and Route 111 in Brentwood, New York. Farrell represented both the Landlord, Farber Industrial, LLC and the Purchaser, Inglesia Palabra MIEL Church Long Island.
Marko Glavadanovic, Associate of Coldwell Banker Commercial Island Corporate Services, recently completed a 17,200 SF industrial lease at 19-02 38th Street in Astoria, Queens. Glavadanovic represented the Landlord, Blue Shore, LLC and Paul Yuris of DY Realty Services represented the Tenant, National Floors Direct. National Floors Direct is a direct-to-consumer carpet & flooring specialty service.
Lee Rosner, CCIM SIOR, Managing Principal of Coldwell Banker Commercial Island Corporate Services, recently completed a 4,504 SF lease at the Washington Professional Park located at 1500 Route 112 in Port Jefferson Station. Rosner represented the Landlord, M & R Stony Brook, Inc. Scott Berfas of Newmark of long Island, LLC represented the Tenant, Long Island Eye Surgical Care, PC.
WASHINGTON PROFESSIONAL PARK is a highly successful professional office park predominantly occupied with medical practices. It is located on a 21 acre site at a signaled intersection on NYS Route 112 within minutes of three major area hospitals. The 135,000 SF development is +/-80% built out.
Current Tenants Include: North Shore Hematology Oncology Associates, P. C. (now known as NY Cancer), Cavallo & Horlick Dermatology, Frontier Healthcare’s Long Island Digestive Endoscopy Center, Diehl Plastic Surgery Center, ENT and Allergy Associates, LLP, Long Island Bone & Joint LLP (coming soon), Neu ...
COLDWELL BANKER COMMERCIAL ISLAND CORPORATE SERVICES ANNOUNCES a 13,688 SF MEDICAL OFFICE LEASE TRANSACTION
Coldwell Banker Commercial has just released its annual year end 2016 US Market Report covering 130 US markets. The Coldwell Banker Commercial® (CBC) Blue Book offers a unique market perspective with data generated by true commercial real estate market experts – the professionals of the Coldwell Banker Commercial companies within the local markets. In total, there are over 130 domestic and international markets covered in this edition of the Blue Book. This insightful intelligence report was assembled entirely from data submitted by CBC-affiliated companies. The 2016 edition includes the most comprehensive primary, secondary and tertiary market coverage.
Find out more information about the Long Island, New York commercial real estate market as well as over 130 major markets throughout the United States.
Download the report by clicking on the image below:
Coldwell Banker Commercial Island Corporate Services has released its 2016 year ending 4th Quarter Long Island Office and Industrial Real Estate Market Reports. Industrial vacancy rate ends at a historic low rate of 2.9%. The industrial vacancy rate started the year at 3.5% and decreased to 2.9% by year end. Quoted industrial asking rents are up over the prior quarter and year.The office vacancy rate started the year at 8.8% and decreased to 7.5% by year end. Quoted office asking rents are up over the prior quarter and year.
2016 FOURTH QUARTER LONG ISLAND INDUSTRIAL SUMMARY
The fourth quarter 2016 vacancy rate dropped slightly from the two previous quarters to 2.9%. Flex properties had a vacancy rate of 5.3% which is a significant increase from the 4.5% vacancy rate of the third quarter 2016. The warehouse vacancy rate decreased to 2.7% at the end of the third and fourth quarters in 2016, compared to 2.8% at the end of the second quarter 2016. Vacant industrial sublease space incr ...
Coldwell Banker Commercial Island Corporate Services has released its 3rd quarter 2016 Long Island Office and Industrial Real Estate Market Reports.
Click here to access the 3rd quarter 2016 Long Island Office Real Estate Market Report
Click here to access the 3rd quarter 2016 Long Island Industrial Real Estate Market Report
Islandia, New York (June, 2016) – Lee Rosner of Coldwell Banker Commercial Island Corporate Services has earned a spot in the Elite “Top Two” within Coldwell Banker Commercial® (CBC) for 2015. The “Top Two” designation is reserved for the elite top two percent of producers from among nearly 3,000 CBC-affiliated sales professionals* in the CBC organization.
Avnet signed a long term lease for 7,606 RSF of office space on the 3rd floor at 102 Motor Parkway, Hauppauge, NY. Avnet is the third high profile tenant this year to lease space at 102 Motor Parkway. Avnet's Electronic Marketing Americas will occupy the space. Occupancy is expected in the 3rd quarter of 2016. The tenant is relocating from 135 Engineers Road, Hauppauge.
Rooted in the sale of radio parts in downtown Manhattan, Avnet was founded in 1921 and has since grown into a leading global distributor of electronic components, IT solutions, embedded technology and services. Avnet is a FORTUNE 500 company and it is one of the world’s largest global distributors of electronic components, computer products and embedded technology serving customers in more than 125 countries. Avnet connects the world's leading technology companies with more than 100,000 customers by providing cost-effective, value-added services and solutions. For the fiscal year ending July 2, 2016 Avn ...