94 E. Jefryn Blvd., Deer Park Siaka USA, a supplier to convenience stores, leased 2,445 square feet of industrial space at 94 E. Jefryn Blvd. in Deer Park. James Parnes of Schacker Realty represented the tenant, while landlord Giaquinto Masonry was self-represented in the lease transaction.https://libn.com/2022/07/15/inked-recent-li-real-estate-deals-219/
Congratulations to James Parnes of Schacker Realty recently named the 2022 Rising Star in Commercial Real Estate, sponsored by LIBN’s Real Estate, Architecture and Engineering Awards.https://libn.com/2022/06/15/libn-real-estate-architecture-engineering-awards-2022/
Hauppauge industrial property trades for $8.65Mhttps://libn.com/2022/06/10/hauppauge-industrial-property-trades-for-8-65m/ An industrial property in Hauppauge has sold for $8.65 million. May Properties purchased the 36,000-square-foot building on 2.4 acres at 80 Suffolk Court. Built in 2000, the building has two loading docks and 7,800 square feet of office space. Phil Shwom of Schacker Realty represented the buyer, while Richard…
Bubble Tea Firm Expanding with $6.25M Hauppauge Acquisitionhttps://libn.com/2022/05/20/bubble-tea-firm-expanding-with-6-25m-hauppauge-acquisition/ Gong Cha Tea, an international bubble tea franchiser with more than 1,300 locations worldwide, has purchased an industrial property in Hauppauge for $6.25 million. Courtesy of Gong Cha Tea The company acquired the 31,000-square-foot building on 1.77 acres at 25 Power Drive where it will expand and…
Solar Company Expanding in West Babylonhttps://libn.com/2022/05/16/solar-company-expanding-in-west-babylon/?ep=1 An Inwood-based solar panel supplier and installer is expanding after purchasing an industrial property in West Babylon. Sunpower By Kamtech Solar purchased a purchased a 7,400-square-foot industrial building on .31 acres at 480 Rutgers Road in West Babylon for $1.555 million. The company, which serves both commercial and residential sectors,…
925 Waverly Ave., Holtsville U.S. Carpet Installation, a contractor for Home Depot, leased 14,985 square feet of industrial space at 925 Waverly Ave. in Holtsville. Desmond Mullins of Industry One Realty represented the tenant, while Ralph Perna of Schacker Realty represented landlord 925 Waverly Ave. Associates LLC in the lease transaction.https://libn.com/2022/04/21/inked-recent-li-real-estate-deals-213/
1340-14 Lincoln Ave., Holbrook Empire Pools leased 3,060 square feet of industrial space at 1340-14 Lincoln Ave. in Holbrook. Nicole Alper of Schacker Realty represented the tenant, while Lorraine O’Hara of CAMCO Commercial Real Estate represented landlord Holbrook Corporate Center LLC in the lease transaction.https://libn.com/2022/03/31/inked-recent-li-real-estate-deals-211/?ep=1
202 Terminal Drive, Plainview Bird Bus Sales, a dealer and distributor of school and commercial buses, purchased a 6,900-square-foot flex building on .57 acres at 202 Terminal Drive in Plainview for $1.95 million. The company plans to use the building for corporate offices and training. Ralph Perna of Schacker Realty represented the buyer, while Kyle Burkhardt and Patrick…
As reported in The Real Deal by Holden Walter-Warner, according to Redfin, homebuyers with money on hand are four times more likely to win. https://therealdeal.com/2022/03/15/all-cash-offers-king-in-bidding-wars/ The best way to win a bidding war in today’s market? Have cash on hand — and plenty of it. Homebuyers were four times as likely last year to win…