Monthly Archives: October 2017

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Oct 2017

Presented by Schacker Realty  631-293-3700 . Average Listing Price/Sq. Ft. Sq. Ft. Oct 2015 Oct 2016 Oct 2017 2-year Change 1-year Change 4k-10k $151.56 $180.51 $206.37 36.2% 14.3% 11k-30k $119.41 $133.45 $176.59 47.9% 32.3% 31k-70k $99.87 $97.53 $132.52 32.7% 35.9% 71k-600k $119.68 $121.26 $129.66 8.3% 6.9% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

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

602 Pine Aire Drive, Bay Shore YS Property Acquisition LLC purchased a 18,373-square-foot industrial building at 602 Pine Aire Drive in Bay Shore for $2 million. James Parnes and Joseph Nesto of Schacker Realty represented the buyer, while Jeremy Hackett of Metro Realty Services represented seller Mid Island Properties in the sales transaction.

This Week in Long Island Business News – Schacker Real Estate Transactions

1545 Ocean Ave., Bohemia TDLI Communications leased 1,500 square feet of industrial space at 1545 Ocean Ave. in Bohemia. Matt Balzano of Schacker Realty represented the tenant TDLI and the landlord Crown Royal Ventures in the lease transaction.   27 Ludy St., Hicksville ABC Supply subleased 20,000 square feet of industrial space at 27 Ludy St.…