Monthly Archives: May 2016

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

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for May 2016 Presented by Schacker Realty¬† 631-293-3700 www.schackerrealty.com .   Average Listing Price/Sq. Ft. Sq. Ft. May 2015 Apr 2016 May 2016 Annual Change Monthly Change 4k-10k $149.08 $159.71 $156.89 5.2% -1.8% 11k-30k $113.92 $128.64 $129.94 14.1% 1.0% 31k-70k $93.04 $99.48 $96.68 3.9% -2.8% 71k-600k…

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

Food Authority, a provider of produce and grocery items based in Oceanside, bought a 48,000-square-foot industrial building on about 5 acres at 430 Wireless Blvd. in Hauppauge for $6.5 million. Phil Shwom of Schacker Realty represented the buyer, while Scott Berfas, Chuck Tabone and Brian Lee of Newmark Grubb Knight Frank represented the seller Festo…

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

CurvePay, a payment processing company, leased 6,800 square feet of office space at 201 Old Country Road in Melville. Phil Shwom of Schacker Realty represented the tenant while Scott Berfas, Dan Oliver and Jordan Oliver of Newmark Grubb Knight Frank represented landlord 201 Metro in the lease negotiations. Source:http://libn.com/2016/05/10/inked-recent-long-island-real-estate-deals-97/