Jericho, NY According to Rick Yaffe of Triangle Properties, a leading Long Island commercial property owner and manager, the firm closed the following six transactions totaling 32,500 s/f:
• AutoZone has leased 7,000 s/f at 1747 Sunrise Highway, Bay Shore. AutoZone will join Blinds To Go and Casual Male XL at this shopping center adjacent to South Shore Mall. Joanne Argenti, Jeff Howard, and Dan Glazer of Ripco Real Estate represented the tenant.
• IDEXX Laboratories has leased 2,100 s/f at 30 Jericho Executive Plaza, Jericho. Tom DiMicelli of Jones Lang LaSalle represented the tenant.
• Applied Industrial Technologies has leased 4,250 s/f at 43 Rocklyn Ave., Lynbrook. Rich Pisacone of Colliers International and Jeff Saywitz of The Saywitz Co. represented the tenant.
• Alloy Capital Partners has leased the 10,300 s/f free-standing building at 30 Central Dr., Farmingdale Gary Schacker of United Realty represented the tenant.
• Diapoules and Feinstein CPAs, P.C. has leased 3,250 s/f at 900 Walt Whitman Rd., Melville. Katy Anastasio of Laffey Fine Homes represented the tenant.
• Ultra Bright Lightz has leased 5,600 s/f at 181 East Industry Court, Deer Park. Yaffe handled this transaction.
“We’re delighted to add these public and private companies to our tenant roster,” said Yaffe. “And we believe that Long Island remains attractive for the professional, service, and retail sectors.”
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.