September 2010 Vol. 2 Issue 1
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Long Island Company of the MonthHunt-Doyle Construction Services, Inc.
A New Partnership Brings a Wealth of
Building Experience to Long Island
By Carol Froehlig, correspondent
Over the past five years, I have interviewed David Hunt, president of Hunt Corporate Services,
Inc. (Syosset, NY)
several times, the first time as he was piloting his airplane to Wallkill, New
York, to take aerial photographs for a new
client. Each interview was a result of his firm being named
Company of the Month by the New York Real Estate Journal.
Established in 1981, Hunt's firm has carved a very
successful niche in exclusively representing Long Island
companies for the acquisition and disposition of commercial real estate. Both the firm and David
Hunt, individually, have been named as Top 20 Brokers by Real Estate Forum magazine and the
Costar Group (Bethesda, Md. - NASDAQ), one of the largest independent providers
of commercial real estate information. Unlike traditional real estate brokers, however, Hunt works with clients
only through exclusive contracts. His
firm serves as an outsourced real estate department for an impressive array of Long Island companies.
Today, however, my interview is about a new company,
Hunt-Doyle Construction Services, Inc., which has been named Company of the
Month by the New York Real Estate Journal. My meeting today will be with both David Hunt,
president of the new construction company, and his partner, Dennis Doyle who is
Chief Executive Officer. Hunt-Doyle Construction
Services will be specializing in interior commercial construction in the
northeast region of the country.
Doyle most recently was Vice President, Construction,
Planning & Design at Davis Vision, Inc. (Plainview, NY.) There he oversaw the development and real
estate strategy for over 500+ locations, as well bearing the responsibility for
the construction and maintenance of national corporate offices, laboratories
and manufacturing facilities.
I joined the two over lunch in a quiet restaurant in
Syosset, a short distance from their offices.....(MORE)
© 2010 - New York Real Estate Journal- reprinted with permission
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Preparing for Negotiation
Once we have found the building we want to purchase,
what is the best way to start negotiations?
Entire books have been written about the art of
negotiating, so I can share only a few of the strategies that have helped me
negotiate advantageous transactions for our clients. Fundamental to any successful negotiation is
thorough preparation - this is the work that needs to be done before a single
offer is made.....(MORE)
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Companies on the Move
| American Outdoors Sports is moving to 238 Route 109, Farmingdale... Grace Industries is moving to 11 Commercial Street, Plainview... Alberto Kemperle Auto Body Supply is moving to 8400 New Horizons Boulevard, Amityville... Marchon Eyewear is moving to 201 Old Country Road, Melville... Mortgage Enterprise is moving to RXR Plaza, Uniondale... Global Tissue Group is moving to 19 Nicholas Drive, Yaphank...
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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
| Property Type
| Size SF
| Office SF
| Acres Total | Sold Price/SF
| Sold Date
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|---|
Hauppauge
| 17 Central Avenue
| Industrial
| 22,000
| 6,000
| 1.93
| $118.18 | 9/13/2010
| Woodbury
| 80 Crossways Park Drive
| Office Industrial
| 24,000
| 14,000
| 2
| $138.13
| 9/3/2010 | Hicksville
| 190 Duffy Avenue
| Industrial
| 9,100
| 3,200
| .5 | $152.75 | 8/30/2010 | Plainview
| 11 Commercial Street
| Office Industrial
| 17,500
| 14,550
| 1.52
| $134.29 | 8/13/2010 | Freeport
| 50 Mill Road
| Industrial
| 15,900 | 1,750
| .51
| $59.78 | 7/23/2010
| Ronkonkoma
| 30 Haynes Court
| Industrial
| 16,000
| 5,500
| 1.42
| $107.09 | 7/23/2010 |
MORE |
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©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.
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