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

reprinted from LIBN.com, April 3, 2019, by David Winzelberg Medical Testing Firm Buys Hicksville Property for $6.5M By: David Winzelberg April 3, 2019 Acutis Diagnostics has closed on its $6.5 million purchase of a Hicksville industrial property. The East Northport-based medical testing company bought the 40,091-square-foot industrial building on 2.34 acres at 400 Karin Lane from Chicago-based…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Apr 2019

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Apr 2015 Apr 2017 Apr 2019 4-yr Change 2-yr Change 4k-10k 160.12 187.19 209.43 30.8% 11.9% 10k-30k 119.22 147.09 167.05 40.1% 13.6% 30k-70k 88.05 106.96 131.41 49.2% 22.9% 70k-999k 101.05 129.69 151.56 50.0% 16.9% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Apr…

CoStar Announces Winners of the 2018 Annual Power Broker Awards

CoStar has announced the recipients of the Annual Power Broker Awards for 2018, recognizing the top performing firms and brokers in the Long Island region for their excellence in commercial real estate. Based on total sales and lease transactions for the previous year, brokers that closed the highest transaction volume in CRE deals came out…

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

35 Engineers Road, Hauppauge 35 Eng Road LLC, a Suffolk County-based real estate investor, purchased a 59,000-square-foot industrial building on 3.18 acres at 35 Engineers Road in Hauppauge for $6.25 million. Phil Shwom of Schacker Realty represented the buyer and the seller, 35 ER Realty, in the sales transaction. Bactolac Pharmaceutical renewed its lease for…

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

1566-5 Ocean Ave., BohemiaAutomated Pool Solutions leased 1,500 square feet of industrial space at 1566-5 Ocean Ave. in Bohemia. Jack Kuczynski of Schacker Realty represented the tenant and the landlord, Feldland Management, in the lease transaction. https://libn.com/2019/03/19/inked-recent-li-real-estate-deals-122/ 186-188 S. 1st St., LindenhurstBZJG Inc. leased 2,366 square feet of office space at 186-188 S. 1st St.…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Mar 2019

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Mar 2015 Mar 2017 Mar 2019 4-yr Change 2-yr Change 4k-10k 155.58 192.52 215.72 38.7% 12.1% 10k-30k 119.04 144.32 166.52 39.9% 15.4% 30k-70k 89.36 108.11 131.07 46.7% 21.2% 70k-999k 101.81 125.74 148.13 45.5% 17.8% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Mar…

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

290-300 Route 109, Farmingdale RGF Home Décor, a tile distributor, leased 5,337 square feet of industrial space at 290-300 Route 109 in Farmingdale. Dermot Kelly of Buck Realty represented the tenant, while Joicey Varughese of Schacker Realty represented landlord Saraha Property Management in the lease transaction.https://libn.com/2019/02/12/inked-recent-li-real-estate-deals-117/

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

910 N. Wellwood Ave, Lindenhurst Tiger’s Wood, a cabinet manufacturer, purchased a 11,107-square-foot industrial building at 910 N. Wellwood Ave. in Lindenhurst for $1.48 million. Gary Friedman and Matt Balzano of Schacker Realty represented the buyer and the seller, Rizzo Holding Co., in the sales transaction.https://libn.com/2019/02/05/inked-recent-li-real-estate-deals-116/ 380 Oser Ave, Hauppauge Express Health Mart Pharmacy Corp.…