Monthly Archives: December 2016

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

2 Saxwood St., Deer Park Premier Electric and Design leased 2,280 square feet of industrial space at 2 Saxwood St. in Deer Park. Joseph Nesto of Schacker Realty represented the tenant Premier Electric and Design, while landlord Saxwood Inc. was self-represented in the lease transaction. Source: http://libn.com/2016/12/27/inked-recent-li-real-estate-deals-21/   12 Newtown Plaza, Plainview Greenleaf Imports leased…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Dec 2016

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Dec 2014 Dec 2015 Dec 2016 2-year Change 1-year Change 4k-10k $144.51 $154.86 $188.97 30.8% 22.0% 11k-30k $117.50 $119.48 $139.12 18.4% 16.4% 31k-70k $91.11 $97.75 $104.91 15.2% 7.3% 71k-600k $98.74 $119.81 $124.10 25.7% 3.6% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

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

75 Modular Dr, Commack Alife Pharmaceutical purchased a 60,000-square-foot industrial building at 75 Modular Drive in Commack for $5.4 million.  The company, which supplies ingredients for the manufacture of nutritional supplements, is relocating from Queens.  Phil Shwom of Schacker Realty represented buyer Alife, while Ralph Perna of Newmark Grubb Knight Frank represented seller Blue Ribbon…

This Week in Long Island Business News: Schacker Real Estate Transaction

923 Motor Parkway, Hauppauge Zippboxx leased 14,811 square feet at 923 Motor Parkway in Hauppauge. Joseph Nesto of Schacker Realty represented the tenant Zippboxx, while Chuck Tabone of Newmark Grubb Knight Frank represented landlord MTB Associates in the lease transaction. Source: http://libn.com/2016/12/13/inked-recent-li-real-estate-deals-19/