MELVILLE, NY Leo Farrell, managing principal of Coldwell Banker Commercial Island Corporate Services, completed a 4,200 s/f, long-term lease at 859 Walt Whitman Rd. to TD Ameritrade. Farrell represented the landlord, Farber Property Group. Gregg Carlin, vice president of CBRE, Inc., represented the tenant.
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.