News: Long Island

Gottlieb of Schuckman Realty facilitates two leases at Sunrise Plaza totaling 3,050 s/f

Lindenhurst, NY Schuckman Realty has facilitated the leasing of the last two retail spaces available at Sunrise Plaza. 646 Wellwood Ave. was leased to Island Empanada, and 654B Wellwood Ave. was leased to Nathan Jewelry & Watch Repair.

Edward Gottlieb, CRX, CLS of Schuckman Realty represented the landlord, Sunrise Plaza Associates in a 10-year lease with Island Empanada for 2,000 s/f in the Sunrise Plaza Shopping Center. Tim Petrou of Blue Shark Realty represented the tenant. This is the franchisee’s first location for Island Empanada, which is expected to open July 1st. Island Empanada will occupy a former frozen yogurt space.

Gottlieb also represented the landlord, Sunrise Plaza Associates in a five-year lease (plus options) with Nathan Jewelry & Watch Repair for 1,050 s/f. Nathan Jewelry & Repair, which is relocating from Copiague, will occupy a former AT&T store.

Island Empanada and Nathan Jewelry & Watch Repair join City MD, Dollar General, Rainbow Shops, Sally Beauty Supply, The UPS Store, and many others at the Sunrise Plaza Shopping Center on Wellwood Ave. Sunrise Plaza is anopen-air neighborhood shopping center.

tenanted by a mix of local and national tenants, located in the South Western section of Suffolk County in North Lindenhurst.

MORE FROM Long Island

Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

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.