Industry One in the News
Industry One Realty has entered into an agreement with AIRECO Real Estate that merges the two Long Island commercial real estate brokerage firms.
Robert Desmond, president of AIRECO, will join Industry One’s Melville office as executive vice president and will assist in managing and mentoring the merged firm’s 15 brokers and sales agents, according to a company statement.
Mario Asaro, who will continue to serve as president of Industry One, said the merger allows him to focus on his “growth plan to open additional offices in new markets in the near future as well as start a property management division.”
DCC Transit Works leased 4,500 square feet of industrial space at 1855 New Highway in Farmingdale. Desmond Mullins of Industry One Realty represented the tenant, while Industry One’s Lisa Sciortino represented the landlord, 1855 NH LLC, in the lease transaction.
Revolution Athletics North LLC leased 15,000 square feet of industrial space at 80 Comsewogue Road in East Setauket. Andrew Gonzalez of Industry One Realty represented the tenant, while Walter Hurney of Reliant Realty Group represented landlord Rainer Real Estate Holdings in the lease transaction.
Local 713, the International Brotherhood of Trade Unions, purchased a 5,000-square-foot office building at 555 Westbury Ave. in Carle Place for $835,000. Lisa Sciortino of Industry One Realty represented the buyer, while David Alayer of First Class Management represented the seller, 555 Westbury LLC, in the sales transaction.
Lobosco Realty purchased a 3,600-square-foot industrial building at 84 Toledo St. in Farmingdale for $805,000. Michael Freedberg of Suffolk Industrial Properties represented the buyer, while Mario Asaro of Industry One Realty represented seller L&S Management in the sales transaction.
Farmingdale, NY - Industry One Realty Corp. has arranged two sales totaling $4.8 million sale and two leases totaling 5,900 s/f. The deals include:
- Mario Asaro, SIOR, president of Industry One, co-brokered the $3.995 million sale of a 30,000 s/f industrial building located at 400 Smith St. Asaro represented the buyer, 400 Smith St., LLC, and Alberto Fiorini and Gary Chimeri of Alliance Real Estate Corp represented the seller, CRO TWO, LLC NORTWO, LLC.
- Greg Picker of Industry One co-brokered the lease of 4,700 s/f at 50 Brook Ave., Unit J, Deer Park. Picker represented the tenant, Millissime, Inc., and the landlord, 50 Brook LLC, represented themselves.
- Andrew Gonzalez of Industry One brokered a 1,200 s/f office lease at 180-190 Marine St. Gonzalez represented both the tenant, Crown Laboratory, Inc., and the landlord, JKJ Marine, LLC.
- Asaro co-brokered the $805,000 sale of a 3,600 s/f industrial building located at 84 Toledo St. Asaro represented the seller, L&S Management LLC, and the buyer, Gary Bell, was represented by Michael Freedberg of Suffolk Industrial Properties.
An investor group listed as 238 Rt 109 LLC purchased a 10,000-square-foot industrial building at 238 Route 109 in Farmingdale for $1.425 million. Mario Asaro of Industry One Realty represented the buyer and the seller, Call Properties, in the sales transaction.
Dowell Kitchen & Bath Supplies purchased a 47,421-square-foot industrial building at 11 Skyline Drive in Plainview for $4.28 million. Dean Greiner and Charles Wong of Greiner-Maltz Real Estate represented the buyer, while Mario Asaro of Industry One Realty represented seller Dunkirk Realty in the sales transaction.
Stephanie Cohen Home leased 19,200 square feet at 1&2 Picone Blvd. in Farmingdale. Mark Seigerman of Industry One Realty represented the tenant, while landlord Broad Properties was self-represented in the lease negotiations.
599 Albany Avenue
- North Amityville, NY
Bob Misa of Industry One represented the buyer, 167 New Hwy LLC, and the seller, Albany Avenue Management LLC, in the sale of a 39,000 s/f flex/industrial building at 599 Albany Ave. The sale price was $3.145 million.
238 Route 109 -
Mario Asaro, SIOR of Industry One brokered the $1.425 sale of 10,000 s/f industrial building located at 238 Rte. 109 in Farmingdale. Asaro represented the seller Call Properties as well as the buyer, 238 Rte 109, LLC.