March 2011 Vol. 2 Issue 6
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Hunt Relocation, Leases Space in Plainview, NY
February 14, 2011 - Syosset, NY - Hunt Corporate Services, Inc. (Syosset) announced today that Hunt Corporate Services, Inc. and Hunt Doyle Construction Services, Inc. have relocated to 17 Dupont Street in Plainview. The new facility will accommodate the company's current staff and enable further expansion for the company's future growth.
"We effectively tripled our size," said David G. Hunt, president of both firms. "This was a good time to lock in a competitive rental, accommodate future growth for years to come, and secure location immediately off the Long Island Expressway. Naturally, Hunt-Doyle Construction Services was retained to build out the tenant interiors."
Hunt Corporate Services, Inc. specializes in exclusively representing clients for the acquisition, lease renewal or disposition of commercial real estate. For further information, contact David G. Hunt at (516) 937-1000 or david@huntcorp.com. Full information on the firm and their clients can be found at www.huntcorp.com.
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Compensating Real Estate Brokers
By David G. Hunt
Are the high fees of commercial real estate brokers really justified?
It depends what you get for your money. Today's professional commercial real estate broker provides a whole host of services and expertise that was unknown 20 years ago. Fees are not regulated, and you are free to test the open market and hire the services that you need. But there is a reason that most Fortune 500 companies have outsourced their real estate needs to a third party commercial real estate firm.
If Fortune 500 firms have difficulty developing in-house expertise with all their capital and resources, how will you fare? They know that today's sophisticated commercial real estate market requires a level of expertise that is difficult to develop with an in-house real estate department. You are entitled to this level of expertise today, and if you are not receiving it, your real estate expense may not be justified......(MORE)
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Companies on the Move
| | UniNet Imaging is moving to 721-725 Broadway Avenue, Holbrook... Mortgage Concepts is moving to 201 Old Country Road, Melville... Diversified Industrial Products is moving to 14 Connor Lane, Deer Park... Apex Dynamics USA is moving to 895 Marconi Avenue, Ronkonkoma... Royal Healtcare Services is moving to 1 CA Plaza, Islandia... Intelligent Product Solutions is moving to 120 Comac Street, Ronkomkoma... Mancini Trading is moving to 86 Emjay Boulevard, Brentwood... |
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 $5,000,000 for manufacturers and $1,500,000 for all other businesses.... (MORE)
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Our Corporate Headquarters 17 Dupont Street, Suite 4 Plainview, NY 11803 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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| West Hempstead | 201 Hempstead Avenue | Industrial | 8,800 | | .24 | $73.86 | 1/31/2011 | | Central Islip | 100 Windsor Place | Industrial | 7,638 | | 3.22 | $183.29 | 1/24/2011 | | Central Islip | 65 Jetson Lane | Industrial | 43,200 | 11,500 | 3.39 | $57.87 | 1/20/2011 | | New Hyde Park | 1750 Plaza Avenue | Industrial | 29,200 | 7,050 | .92 | $99.32 | 1/7/2011 | | Deer Park | 110 Jefryn Boulevard | Industrial | 9,075 | 1,680 | 3.67 | $121.21 | 12/30/2010 | | Westbury | 117 State Street | Industrial | 32,100 | 3,600 | 1.21 | $71.65 | 12/28/2010 | | | | | | | | |
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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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