Monthly Archives: June 2018

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jun 2018

Presented by Schacker Realty¬† 631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Jun 2016 Jun 2017 Jun 2018 2-year Change 1-year Change 4k-10k $160.99 $195.25 $200.06 24.3% 2.5% 11k-30k $129.25 $169.16 $189.04 46.3% 11.8% 31k-70k $97.84 $134.51 $140.56 43.7% 4.5% 71k-600k $117.94 $128.42 $122.44 3.8% -4.7% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

Smoothie King Leases former Checkers in Massapequa Park

As reported by Tory N. Parrish of Newsday, Smoothie King has leased the former Checkers in Massapequa Park, set to open in August, 2018. Chris Ferencsik of Schacker Realty represented both the Smoothie King franchise and the property sublessor, J.W. Mays Inc., in the lease transaction.¬† Read the full article below.  

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

790 Summa Ave., Westbury Piece Management Inc., which specializes in commercial renovation and construction, purchased a 41,000-square-foot industrial building at 790 Summa Ave. in Westbury for $4.255 million. The company is relocating from New Hyde Park. Phil Shwom and Devang Koya of Schacker Realty represented the buyer, while seller 790 Venture Capital LLC was self-represented…