Recent Transactions, News & Events

INKED: RECENT LONG ISLAND REAL ESTATE DEALS

100 Jericho Turnpike, Floral Park, NY SSALT LLC purchased an 8,000-square-foot building at 100 Jericho Turnpike in Floral Park for $1.475 million. Formerly occupied by Procida Tile, a new tenant will be relocating its beauty care distribution from the Bronx to the building. Terence McMahon of Island Associates represented the buyer and seller, BLF Realty, in the sales transaction. Source: http://libn.com/2016/01/19/inked-recent-long-island-real-estate-deals-83/

  

NYREJ: Island Associates Real Estate Arranges Two Leases Totaling 5,850SF

490 Wheeler Road, Hauppauge, NY Island Associates Real Estate has completed two leases totaling 5,850 s/f. In the first lease, Island Associates and Jenor Realty Co. has leased 1,650 s/f of office space located at 490 Wheeler Rd. to Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP for a five-year lease. This was a relocation and expansion of the space the tenant already occupied in the building. Roger Delisle, Jr. of Island Associates represented the landlord and Jerry Norton of Jenor Realty represented the tenant. Island Associates also negotiated the extension of lease and expansion of leased premises at 490 Wheeler Rd. with The Retreat The tenant extended their lease for a period of five years and will now occupy 4,200 s/f at the building. Source: http://nyrej.com/island-associates-real-estate-arranges-two-leases-totaling-5850-sf