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520 Franklin Ave., Garden City
Larry Good MD leased 1,305 square feet of medical office space at 520 Franklin Ave. in Garden City. Dillan Morris-Timoney of Industry One Realty represented the tenant, while Matthew Kucker of Colliers represented the landlord, 520 Franklin Avenue Owner LLC, in the lease transaction.
675 Hempstead Turnpike, Franklin Square
Manhasset-based Hermes Management LLC purchased a 2,456-square-foot building on .28 acres at 675 Hempstead Turnpike in Franklin Square for $3.75 million. The property is leased to Citizens Bank. The sale price equates to a 5.28 percent cap rate. Hermes Management also acquired a 2,500-square-foot building on .80 acres at 820 Bloomfield Ave. in West Caldwell, N.J. for $3.5 million. That property is also leased to Citizens Bank and the sale price equates to a 5 percent cap rate. Anne Chang of JadeStone Real Estate Consulting represented the buyer, while Dylan Silber of Silber Investment Properties represented the seller, Manzo-Doren Organization LLC, in the Franklin Square and West Caldwell sales transactions.
205 Brookville Ave., Islip
Contracting firm Dussan, Inc. leased a 5,200-square-foot industrial building on .51 acres at 205 Brookville Ave. in Islip. The building, which features 20-foot ceilings in its warehouse, was formerly occupied by All State Roofing. Jesse Najjar of JNRE Leasing Corp. represented the tenant, while Roger Delisle and Robert Monahan of Island Associates Real Estate represented the landlord, 205 Brookville Ave. LLC, in the lease transaction.
1825 Brentwood Ave., Brentwood
Robin’s Barbershop leased 2,200 square feet of retail space in the Brent City shopping center at 1825 Brentwood Road in Brentwood. Bob Raffa of Island Associates Real Estate represented the tenant, as well as the landlord, 1825 Brentwood Road Associates LLC, in the lease transaction.
590 Oak St., Copiague
188 Long Island LLC, an affiliate of Wellwood Cabinetry, purchased the 32,578-square-foot industrial building on 1.5 acres at 590 Oak St. in Copiague for $5.5 million. Wellwood, a custom cabinet maker and assembler, is relocating from 11,107-square-foot building at 910 N. Wellwood Ave. in Lindenhurst. Luca Perinuzzi and Ralph Perna of Schacker Realty represented the buyer, as well as the seller, 590 Oak Family Limited Partnership, in the sales transaction. The brokers are also marketing for Wellwood’s Lindenhurst property for sale.
45 Ranick Road, Hauppauge
Fulfillment Plus, a third-party logistics company, leased 56,500 square feet of industrial space at 45 Ranick Road in Hauppauge, consolidating and expanding from about 20,000 square feet it occupied at 25 Andrea Road in Holbrook. Fulfillment Plus is also looking to sublease the 50,000 square feet it has at 889 Waverly Ave. in Holbrook, with plans to expand further and eventually lease the entire 125,147-square-foot building on 8.73 acres at 45 Ranick Road, according to a broker on the deal. Fulfillment Plus provides order fulfillment, inventory storage and management, returns processing, subscriptions and custom packaging and syncing with major online platforms like Amazon, Walmart, Shopify and others, according to its website. Joshua Cohen and Kyle Burkhardt of Newmark represented Fulfillment Plus, as well as the landlord, SRE 45 Ranick Road LLC, an affiliate of Sterling Investors, in the Hauppauge lease transaction.
2040 Express Drive South, Hauppauge
Dealer Tire renewed its lease for 72,920 square feet of industrial space at 2040 Express Drive South in Hauppauge. Joshua Cohen and Kyle Burkhardt of Newmark represented the tenant, as well as the landlord, N&G Realty Co., in the lease transaction.
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David Winzelberg
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