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Article: NKF team helps landlord beat vacant space crunch.(Newmark Knight Frank)
- Article from:
- Real Estate Weekly
- Article date:
- December 20, 2006
CopyrightCOPYRIGHT 2006 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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One Hicksville, N.Y., landlord recently dealt with a vacant-space crisis with the assistance of Newmark Knight Frank. The successful outcome involved the leasing of more than 45 percent of the owners' portfolio in just eight months.
Fore Improvement Corp., a family business headed by siblings Arlene and Stanley Broadwin, owns a five-acre industrial park on Commercial Street in the heart of this Nassau County community.
The Hicksville Industrial Park is made up of 12 8,000 s/f to 26,000-s/f freestanding, office and industrial buildings totaling approximately 140,000 square feet. Most of the buildings were initially constructed by the company in the ...