June 2010 Vol. 1 Issue 10
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Hunt-Doyle Construction Services, Inc. is formed by commercial real estate and construction veterans, Dennis Doyle and David Hunt
May 1
,
2010 - Syosset,
NY - Hunt-Doyle Construction Services,
Inc. (Syosset) has been formed by commercial real estate and construction
veterans, Dennis Doyle and David G. Hunt. The new firm will be headquartered at 5 Aerial Way in Syosset, sharing facilities with sister company, Hunt Corporate Services, Inc. The firm provides nationwide construction
management services for commercial interiors. Specialties include retail,
optical and laboratory interiors.
Dennis Doyle is CEO of the new organization and brings a background of 25+
years in construction industry. Most
recently, he was the Vice President of Planning & Design for Davis Vision,
one of the nation's leading managed vision care companies. His responsibilities included the development
of over 500+ retail locations, managing a $20 million department budget, and
the remodeling and relocation of approximately 30 existing establishments every year. He has also executed the development, design,
construction, relocation and on-going maintenance of five state-of-the-art
optical manufacturing facilities throughout the country.
David G. Hunt is president of the new organization and has been involved in
the rental, sale and appraisal of industrial and commercial real estate in the
Northeast USA, primarily on Long
Island, New York,
since 1973. Mr. Hunt founded Hunt
Corporate Services, Inc. in January, 1981 as an industrial and commercial
consulting and brokerage firm. The
company represents clients exclusively in the role of a trusted advisor for the
acquisition or disposition of commercial real estate. Aggregate value of
commercial and industrial properties leased or sold in the New York Metro Area
exceeds $750 million. The firm also
specializes in the acquisition and development of commercial real estate for
small partnership groups, specializing in value-added re-development by means
of assemblage, rezoning, construction, or tenanting.
For further information, contact Christa Cherney at (516) 937-1000 or ccherney@huntcorp.com.
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Three
Most Important Criteria in Buying Real Estate
We want to purchase an industrial building to
house our growing import and distribution business. I have heard that the three most important
criteria in selecting real estate are "location, location, and location." Does this apply to us, and what other
criteria would you suggest?
In
working with our clients, we break down our search objectives into two
categories. The first category involves
the specific needs of your business such as warehouse height, amount of office
space and number of loading doors. Search criteria....(MORE)
Buying
vs. Leasing
How do we determine whether we should buy or
lease our next manufacturing and warehouse building?
While every case is
different, there are certain underlying factors that drive the best decision in
most buy-lease scenarios. These factors are the availability of capital, the
alternative use of capital, and the anticipated growth of the firm ...(MORE)
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Companies on the Move
| Teachers Federal Credit Union is moving to 102 Motor Parkway, Hauppauge... Lion & Company CPA is moving to 75 Jackson Avenue, Syosset... LD Flecken is moving to 28 Colt Court, Ronkonkoma... University Support Services. is moving to 3500 Sunrise Highway, Great River... Stellae International Inc is moving to 1111 Marcus Avenue, Lake Success...
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Financing File
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Current Market Rates and Programs for the Long Island Commercial Marketplace
The SBA 504 loan program offers long term (10 or 20 years) fixed rate
subordinate mortgage financing for the purchase and renovations of
existing buildings or new buildings and equipment. Loans are up to 40%
of the project cost, maximum of $4,000,000 for manufacturers and
$1,500,000 for all other businesses.... (MORE)
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Our Corporate Headquarters
5 Aerial Way, Suite 100 Syosset, NY 11791
516-937-1000 www.huntcorp.com |
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COMPARABLE SALES IN THE LAST 12 MONTHS
City
| Address Street
| Property Type
| Size SF
| Office SF
| Acres Total | Sold Price/SF
| Sold Date
|
|---|
Farmingdale
| 3 Dubon Court
| Industrial
| 21,000
| 7,200
| 1.27
| $114.76 | 5/25/2010
| Garden City Park
| 120 Broadway
| Industrial
| 24,950
|
| .92
| $116.23
| 5/20/2010 | Ronkonkoma
| 2 Fleetwood Court
| Industrial
| 14,532
|
| 2 | $106.04 | 5/10/2010 | Freeport
| 143 Hanse Avenue
| Industrial
| 25,000
|
| 1.41
| $66.00 | 5/6/2010 | Hauppauge
| 5 Plant Avenuet
| Industrial
| 80,320 | 6,600
| 5.20
| $70.97 | 4/23/2010
| Ronkonkoma
| 950 South Second St
| Industrial
| 28,000
| 2,800
| 1.98
| $50.89 | 4/15/2010 |
MORE |
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©Copyright 2009, All Rights Reserved. The content of this web site may not be reproduced without the written permission of HUNT Corporate Services, Inc. All information is from sources deemed reliable and is subject to prior rental or sale, errors, omissions, change of price and withdrawal without notice.
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