July 2010 Vol. 1 Issue 11
|
|
The
Ultimate Tool in Evaluating Leases
We are in the process of deciding where to lease
new office space and have several alternatives.
What is the best way to financially evaluate two or more leases?
The
very first step in comparing two or more lease alternatives is to understand
the financial impact of each. Of course
there will be subjective considerations in any final decision, but if you do
not have an understanding of the financial ramifications, you will not be able
to make those subjective decisions clearly. ....(MORE)
How
to Avoid the Top 6 Mistakes
We need to expand our office and warehouse and find
ourselves back in the real estate market for the first time in 10 years. What are the biggest mistakes made by
"newbies" in the marketplace, and how can we avoid them?
I have been working
with companies since 1973, helping them acquire commercial real estate. In my experience, here are the actions you
should take to avoid the top six mistakes made by companies in the market for commercial
real estate....(MORE)
|
 |
Free Long Island Market Report
2nd Quarter 2010
|
|
Companies on the Move
| Comforce
Corp is moving to 999 Stewart Avenue, Bethpage... Computer Network Solutions is moving to 131 Hoffman Lane, Islandia... European Granite & Marble Inc is moving to 3 Dubon Court, Farmingdale... Aceto Corp is moving to 4 Tri-Harbor, Port Washington... Progressive Insurance is moving to 1991 & 1999 Marcus Avenue, Lake Success... Kintetsu World Express USA is moving to 1 Jericho Plaza, Jericho... LI Head Injury Association is moving to 300 Kennedy Drive, Hauppauge...
|
Financing File
|
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)
|
Our Corporate Headquarters
5 Aerial Way, Suite 100 Syosset, NY 11791
516-937-1000 www.huntcorp.com |
|
|
|
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 | Huntington Station
| 159 Broadway
| Office Industrial
| 9,000
| 1,600
| .46 | $125.00 | 5/11/2010 | Ronkonkoma
| 2 Fleetwood Court
| Industrial
| 14,532
|
| 2
| $106.04 | 5/10/2010 | Bethpage
| 901 Stewart Avenue
| Industrial Office
| 47,150 | 17,500
| 2.74
| $75.40 | 5/7/2010
| Freeport
| 143 Hanse Avenue
| Industrial
| 25,000
|
| 1.41
| $66.00 | 5/6/2010 |
MORE |
|
©Copyright 2010, 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.
|
|
|
