News: Brokerage

McGuire of NAI Long Island arranges 10,000 s/f lease

Brian McGuire

Riverhead, NY Brian McGuire of NAI Long Island represented Service Experts Heating & Air Conditioning in a five-year lease at 110 Kroemer Ave., an industrial property on behalf of Kroemer Avenue Holdings, LLC.

110 Kroemer Ave. is located off Old Country Rd. It has a total of 13,664 s/f on six acres. It is a multi-tenant industrial warehouse property built in 1998 with high ceilings. It is owned by Kroemer Avenue Holdings, LLC.

Service Experts Heating & Air Conditioning is a full-service HVAC company based in Texas. Their most recent acquisition was Matz-Rightway, LLC, which will be housed and operating out of 110 Kromer Ave.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account