February 2014 Vol. 5 Issue 7
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Dear Friends,
With snowfall after snowfall on Long Island this year, it does seem like winter will never end! But spring is actually four weeks away, and I assure you that we can count on digging out. Speaking of digging out, the commercial real estate market has rebounded nicely. Our office has recently closed two transactions on behalf of Progressive Insurance, leased a new Farmingdale 25,000 square foot distribution center to Sid Harvey, sold a 33,000 square foot building in Hauppauge to Mobile Fleet, and helped ELIJA, a school for children with autism, find a new home in Levittown. Because our office is busy, very busy and we are looking for help - administrative, IT, and brokers. See our website for more details if you know someone looking for a position. If the winter has wreaked havoc with your roof, parking lot, or caused any other problems with your commercial property, give us a call and we'll take a look, make recommendations, and if desired give a quote to remediate. It never hurts to get another bid! May our spring be warm and soon. "Oh the possibilities!"
David G. Hunt
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What Is He Doing? by David G. Hunt
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Q: If I hire an exclusive broker to represent me in the purchase of a building, what is he doing to make sure that I find the right building?
A: I cannot speak for all companies that represent buyers, but I can tell you what our firm does in representing buyers or tenants. And when I say, "represent", that is exactly what I mean, in the same way that an attorney represents your fiduciary interests. We use all our resources and market knowledge to bring you the best solution to your real estate problem. This includes working with the entire brokerage community to find you the right building.
The first step is ascertaining what we need. This involves discovery on our part, and takes some time of yours. We would like to know a lot about your present situation - your products or services, your employees, physical needs, financial health (crucial for real estate financing or leasing), past growth curve, anticipated growth and timetable. What is happening with your present real estate? Is there a lease expiration that must ... more
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Hunt Corporate Services, Inc.
Sponsoring a Complimentary Seminar
A Two Hour Ethics Update and What Lawyers Should Know About the Grievance Committee - A Practical Approach Including a Discussion of The New Rules of Professional Conduct, Attorney Escrow Rules, And Scams Targeted At Attorney
Wednesday,
March 12, 2014
8:00am - 8:30am - Registration
8:30am - 10:10am - Seminar
Speaker: Richard E. Grayson, Esq.
CLE Credits:
2.0 Ethics and Professionalism
This program is transitional and non-transitional and appropriate for all attorneys.
click here to more information
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Hunt Corporate Services' CEO profiled in Newsday!
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Hunt Construction Services ...
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Commercial Parking Lots Have Suffered!
pot holes, cracks and lots of damage.
Repairs left unattended to,
can cause liability issues.
It never hurts to get another bid.
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20,235 Square Feet of
Office Space
Available for lease, Will Divide!
| 99 Seaview Blvd. Port Washington, New York |
This 160,000 square foot, three story office/industrial building sits on 8.93 acres, located 2.8 miles to Northern State Parkway and Long Island Expressway.
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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..... (MORE) |
Our Corporate Headquarters
17 Dupont Street, Suite 4
Plainview, NY 11803
516-937-1000
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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 | 145 Oser Avenue | Industrial | 70,000 | 20,760 | 5.4 | $75.00 |
1/22/2014
| Bohemia | 100 Orville Drive
| Industrial | 255,000 | 10,000 | 11.5 | $50.98 |
1/8/2014
| Floral Park |
102-114 Jericho Turnpike
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Office Investment
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28,500
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.75
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$149.12
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1/7/2014
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Bohemia
| 1546 Ocean Avenue
| Industrial
| 57,600
| 2,880
| 2.82
| $45.14
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1/2/2014
| Westbury
| 534 Main Street
| Industrial
| 5,472
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| .23
| $116.96
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1/1/2014
| Hauppauge | 10 Commerce Drive | Industrial | 33,540 | 7,893 | 2.48 | $102.66 |
1/1/2014
| | | | | | | | | For more Recent Sales, click here |
�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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