Schacker Realty Wins 2018 Long Island Business News Top Industrial Lease (Suffolk) Award

Congratulations to Phil Shwom of Schacker Realty and Nick Pizzardi of Heartland Development, winners of the 2018 Top Industrial Lease Award in Suffolk County. Awardees will be honored at the 2018 Real Estate Awards Presentation, sponsored by The Long Island Business News, to take place at Crest Hollow Country Club, Woodbury, NY on Tuesday, March 27,…

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

1595A Ocean Ave., Bohemia NY Wok Trading leased 4,000 square feet of industrial space at 1595 A Ocean Ave. in Bohemia. Jeremy Tucker and James Parnes of Schacker Realty represented the tenant and the landlord, Crown Royal Ventures, in the lease transaction. https://libn.com/2018/04/03/inked-recent-li-real-estate-deals-78/   1610 9th Ave., Bohemia Island’s Finest Landscaping leased 3,000 square feet of…

Phil Shwom and Gary Friedman Weigh in on David vs. Goliath

In an article dated March 16, 2018, Long Island Business News Focus Editor Bernadette Starzee takes a look at how local commercial real estate firms stack up against national global firms operating on Long Island. Ms. Starzee discusses the challenges local firms face in terms of brand, resources, and profitability and how these firms are…

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

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Mar 2016 Mar 2017 Mar 2018 2-year Change 1-year Change 4k-10k $159.25 $177.54 $199.38 25.2% 12.3% 11k-30k $125.65 $164.18 $194.21 54.6% 18.3% 31k-70k $98.69 $119.99 $137.67 39.5% 14.7% 71k-600k $118.89 $127.69 $123.40 3.8% -3.4% .   Average Listing Rent/Sq. Ft. (including RE…

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

631-641 Old Willets Path, Hauppauge Accippio Technologies leased 5,000 square feet of industrial space at 631-641 Old Willets Path in Hauppauge. Jeremy Tucker of Schacker Realty represented the tenant, while Chris Costa was the in-house representative for landlord Rechler Equity Partners in the lease transaction. https://libn.com/2018/02/27/inked-recent-li-real-estate-deals-74/

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

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Feb 2016 Feb 2017 Feb 2018 2-year Change 1-year Change 4k-10k $157.38 $180.51 $196.95 25.1% 9.1% 11k-30k $124.54 $146.89 $191.75 54.0% 30.5% 31k-70k $96.88 $116.53 $139.94 44.4% 20.1% 71k-600k $120.44 $127.25 $123.80 2.8% -2.7% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

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

481 Johnson Ave., Bohemia Acent Laboratories leased 2,800 square feet of flex space at 481 Johnson Ave. in Bohemia. Matt Balzano of Schacker Realty represented the tenant, while Katie O’Shea Rivas was the in-house representative for landlord O’Shea Properties in the lease transaction. https://libn.com/2018/02/07/inked-recent-li-real-estate-deals-71/   88 Windsor Ave., Mineola GHR Holdings purchased a 6,500-square-foot industrial…

Long Island Industrial, Warehouse, and manufacturing Property Market Trends for Jan 2018

  Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Jan 2016 Jan 2017 Jan 2018 2-year Change 1-year Change 4k-10k $157.14 $190.68 $200.75 27.8% 5.3% 11k-30k $119.90 $139.17 $189.70 58.2% 36.3% 31k-70k $97.27 $117.60 $140.96 44.9% 19.9% 71k-600k $124.07 $127.01 $138.80 11.9% 9.3% . Average Listing Rent/Sq. Ft. (including RE…