Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Oct 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Oct 2016 Oct 2018 Oct 2020 4-yr Change 2-yr Change 4k-10k 176.96 210.85 224.69 27.0% 6.6% 10k-30k 134.71 164.56 177.31 31.6% 7.7% 30k-70k 97.22 134.16 142.80 46.9% 6.4% 70k-999k 115.42 122.07 147.39 27.7% 20.7% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Oct…

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

98 E. Industry Court, Deer ParkEagle Emergency Vehicle, an ambulance restoration firm, leased 3,500 square feet of industrial space at 98 E. Industry Court in Deer Park. Matt Balzano of Schacker Realty represented the tenant, as well as the landlord, North & East Management LLC, in the lease transaction.https://libn.com/2020/09/10/inked-recent-li-real-estate-deals-167/ 1 Mahan St., West BabylonDynamics Clean…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Sep 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Sep 2016 Sep 2018 Sep 2020 4-yr Change 2-yr Change 4k-10k 176.46 207.35 229.83 30.2% 10.8% 10k-30k 133.72 162.80 178.91 33.8% 9.9% 30k-70k 98.06 137.39 142.03 44.8% 3.4% 70k-999k 114.54 108.84 143.68 25.4% 32.0% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Sep…

SCHACKER REALTY ACQUIRES NEW EXCLUSIVE FOR LEASE IN WOODBURY

Schacker Realty is happy to announce that they’ve been hired as the exclusive agents for the lease of a 14,000 sq. ft. Industrial/Office/R&D space located at 150-170 Crossways Park Drive in Woodbury. The building is a prime industrial/flex property on 2.48 acres of land. Available space options include a 9,100 sq. ft. fully air-conditioned warehouse and…

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR AUG 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Aug 2016 Aug 2018 Aug 2020 4-yr Change 2-yr Change 4k-10k 172.17 201.35 228.23 32.6% 13.3% 10k-30k 132.39 162.30 175.07 32.2% 7.9% 30k-70k 95.47 133.35 139.94 46.6% 4.9% 70k-999k 113.53 109.58 140.25 23.5% 28.0% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Aug…

SCHACKER REALTY ACQUIRES NEW EXCLUSIVE FOR LEASE IN BELLMORE

Schacker Realty is pleased to announce that they’ve been hired as the exclusive agents for the lease of an 8,200 sq. ft. freestanding industrial/retail building located at 2374 Merrick Rd in Bellmore. Situated on a corner lot, the property offers a high ceiling, column-free warehouse plus designated office space, ample on-site parking, 5 drive-ins, yard…

Iconic Developer, Jerry Wolkoff, Passes Away

Long Island has lost a legendary developer and a rare human being. Jerry was a larger than life figure with a tremendous work ethic and exceptional vision. He had outstanding business savvy and rare people skills. He was tough, demanding, and fierce, yet was universally admired and respected by his tenants, brokers, contractors, and municipal…

SCHACKER REALTY HIRED TO MARKET 1 RODEO DR., EDGEWOOD

Schacker Realty is now marketing a freestanding 24,000 sq. ft. one-of-a-kind Industrial/office/R&D building situated on an expandable 4 acre lot. The building is divided evenly between office and fully air-conditioned industrial/engineering space. The offices have significantly upgraded finishes. The site has 100+ parking spaces and excellent loading, and a custom HQ curb appeal. Contact Licensed…

SCHACKER REALTY ACQUIRES NEW LEASE LISTING IN WESTBURY

Schacker Realty is happy to announce the acquisition of a new sublease listing for an 8,007 sq. ft. office/industrial space, part of a 21,058 sq. ft. building, located at 800 Shames Drive in Westbury. The fully air-conditioned property offers 2/3 nice office/showroom and 1/3 convenient attached warehouse space with 25 designated parking spaces and one…

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR JUL 2020

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Jul 2016 Jul 2018 Jul 2020 4-yr Change 2-yr Change 4k-10k 167.25 205.22 217.10 29.8% 5.8% 10k-30k 133.00 166.19 175.80 32.2% 5.8% 30k-70k 95.94 132.24 139.76 45.7% 5.7% 70k-999k 113.06 106.60 140.50 24.3% 31.8% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Jul…