
Farmingdale, NY Richard Cohen, president of Ashlind Properties, an industrial/commercial realtor, has completed a sales transaction for Ideal Furniture Outlet, for their 21,392 s/f facility located at 75 Broadhollow Rd. to LPS Office Interiors.
LPS Office Interiors was represented by Northwind Realty represented.
The building sold for $3.5 million.
When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.