Plainview, NY According to Hunt Corporate Services, Inc., Alto Pharmacy has leased 10,000 s/f at 245 Newtown Rd. David Hunt represented the landlord, Anton Cerrone Associates. Matt Manoogian of CBRE, Inc. represented the tenant.
“Alto is a commercial pharmacy that offers a same-day delivery service. A location close to the Long Island Expressway was a key criterion for the ease of access for their drivers. Our building offers exactly that since it is located on the South Service Rd. of the LI Expressway,” said Hunt. “Construction is underway, and the tenant will be taking occupancy later this year. This location in Plainview will serve as a distribution center for all of Long Island.”
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.