Long Island Commercial Property News and Press Releases

Paychex signs 18,550 RSF Office Lease at 102 Motor Parkway, Hauppauge, NY

Aug 24 2016
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Penn Mutual signed a long term lease for 3,750 RSF of office space on the 5th floor at 102 Motor Parkway, Hauppauge, NY. Penn is the second high profile tenant this year to lease space at 102 Motor Parkway. Penn Mutual's Life Planning Group will occupy the space. The tenant relocated from 1393 Veterans Memorial Highway, Hauppauge.  102 Motor Parkway is one of two twin 6 story, class “A” 204,000 square foot office buildings located on 19.6 acres at the gateway to the Hauppauge Industrial Park in Hauppauge New York. The 1,400 acre Hauppauge Business and Industrial Park has more than 80 office buildings and is home to more than 1,600 companies. Long Island Business News ranked 100 - 102 Motor Parkway as one of the top 10 office properties on Long Island. The six-story office building at 102 Motor Parkway features perfectly rectangular floor-plates offering optimal, efficient space for the user. The building shares many of the same superior class A amenities of its "sister" prop ...

Penn Mutual Leases 3,750 RSF at 102 Motor Parkway, Hauppauge, NY

Aug 15 2016
6
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Penn Mutual signed a long term lease for 3,750 RSF of office space on the 5th floor at 102 Motor Parkway, Hauppauge, NY. Penn is the second high profile tenant this year to lease space at 102 Motor Parkway. Penn Mutual's Life Planning Group will occupy the space. The tenant relocated from 1393 Veterans Memorial Highway, Hauppauge. 102 Motor Parkway is one of two twin 6 story, class “A” 204,000 square foot office buildings located on 19.6 acres at the gateway to the Hauppauge Industrial Park in Hauppauge New York. The 1,400 acre Hauppauge Business and Industrial Park has more than 80 office buildings and is home to more than 1,600 companies. Long Island Business News ranked 100 - 102 Motor Parkway as one of the top 10 office properties on Long Island. The six-story office building at 102 Motor Parkway features perfectly rectangular floor-plates offering optimal, efficient space for the user. The building shares many of the same superior class A amenities of its "sister" property inclu ...

Coldwell Banker Commercial Island Corporate Services Wins 300,000 SF Industrial Property Management Assignment

Mar 01 2016
9
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Coldwell Banker Commercial Island Corporate Services ("CBCICS") has been appointed Managing Agent for a portfolio that includes two high quality industrial properties located in the City of Clifton, Passaic County, New Jersey. CBCICS will provide a full scope of property management services for a California based investment group. The Clifton Portfolio is comprised of two multi-tenant industrial buildings totaling 288,469 square feet (10 Clifton – 144,005 square feet and 200 Clifton – 144,464 square feet) which were redeveloped in 2004. The extensive capital improvement program was highlighted by new roofs, HVAC, loading, façade, extensive site work and landscaping. The redevelopment strategy focused on creating attractive curb appeal along with flexibility and functionality of the buildings to target 5,000 to 25,000 square foot tenants. The portfolio is presently 100% occupied. The CBCICS property management team is based in Islandia, NY and is lead by Lee Rosner, Managing Principa ...

Aiston Fine Art Services Signs Lease for 12,360 SF in Edgdewood

Feb 24 2016
5
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Aiston Fine Art Services relocated from Long Island City and signed a ten year lease for 12,360 SF of industrial / R&D space at 150 Executive Drive at the Heartland Business Park in Edgewood.  Michael Rescigno of Coldwell Banker Commercial Island Corporate Services represented Aiston, while Nick Pizzardi of the Heartland Business Park represented the landlord.

CBCICS Welcomes Veteran Commercial Real Estate Professional Mario Vigliotta

Jan 23 2016
3
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We are pleased to announce that Mario Vigliotta recently joined the team at Coldwell Banker Commercial Island Corporate Services as an industrial property specialist. He spent the past two years working for another Coldwell Banker Commercial affiliate on Long Island and the prior eight years working for a smaller independent commercial real estate brokerage firm on Long Island. In addition to extensive real estate transaction skills, he has extensive experience with a number of local townships related to zoning and land use from his many years as an expeditor. Mario has an Associate’s Degree from the New York State University at Delhi. He has always been civic minded and is a member of his local Rotary and Chamber of Commerce and currently holds a seat on the Board of Trustees for the Mastics-Moriches-Shirley Community Library. Mario resides with his wife Jane in the Village of Mastic Beach where they have raised seven children. Mario can be reached at 631-761-9402 Direct Dial | mvigliotta@cbcli.com

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