Westchester Real Estate 3-11
March 2011 Yonkers, NY - NAI Friedland, a full service commercial real estate firm serving metropolitan New York, announced that its Retail, Office and Industrial Divisions closed eleven transactions in Westchester County and the Bronx during February 2011. The combined deals represent more than 76,000 square feet of space. NAI Friedland has been an industry leader for over 40 years.

The Retail Division completed six transactions:

* Lease of 1,000 sq. ft. at 2144 Broadway, New York. Manhattan Office President Gene Meer brokered the deal between Ditmas Management Corp. (landlord) and Liberty Travel (tenant).

* Lease of 1,670 sq. ft. at 3276 Westchester Ave, Bronx. Executive Vice President Robin Herko, Executive Vice President Steve Lorenzo, and Retail & Office Associate David Scotto brokered the deal between The Hampshire Companies (landlord) and Dunkin Donuts (tenant). Herko, Lorenzo, and Scotto represented both the landlord and the tenant in the transaction.

* Lease of 6,800 sq. ft. at 2249 Central Park Avenue, Yonkers. Executive Vice President Rick Stassa brokered the deal between John Bobolakis (landlord) and Dubai Furniture (tenant). Stassa represented both the landlord and the tenant in the transaction.

* Lease of 6,000 sq. ft. at 135 Hoyt Ave, Mamaroneck. Executive Vice President Steve Kornspun, SIOR, and Retail Specialist Lou Klein brokered the deal between Westmont Management (landlord) and Hutter Auction Company (tenant). Kornspun and Klein were the sole brokers in the transaction.

* Lease of 500 sq. ft. at 3250 Westchester Ave, Bronx. Executive Vice President Robin Herko, Executive Vice President Steve Lorenzo, and Retail & Office Associate David Scotto brokered the deal between The Hampshire Companies (landlord) and Cheryl Foster, CPA (tenant). Herko, Lorenzo, and Scotto represented both the landlord and the tenant in the transaction.

* Lease of 2,357 sq. ft. at 2510 Westchester Ave, Bronx. Executive Vice President Kathy Zamechansky brokered the deal between 2510 Westchester Ave Assoc, LLC (landlord) and Complete Spinal Physical Therapy (tenant). Zamechansky represented the tenant in the transaction.

The Industrial Division completed three transactions:

* Sale of 35,000 sq. ft. at 40 Farrington Road, Brewster. Industrial/Flex Specialist Andy Grossman brokered the deal between Gabrielle Astrologo (seller) and KMJ Holdings LLC (buyer). Grossman represented both the seller and the buyer in the transaction.

* Lease of 4,150 sq. ft. at 99 Fulton St, White Plains. Industrial/Flex Specialist Andy Grossman brokered the deal between The Frem Group (landlord) and Fabric Renewal (tenant). Grossman represented both the landlord and the tenant in the transaction.

* Lease of 5,000 sq. ft. at 1165 Leggett Ave, Bronx. Chief Executive Officer Tony Lembeck, SIOR, brokered the deal between STI Realty (landlord) and ADA Tire (tenant). Lembeck represented both the landlord and the tenant in the transaction.

The Office Division completed two transactions:

* Renewal of lease of 11,000 sq. ft. at 272 North Bedford Rd, Mount Kisco. Executive Director, Office Division, Ellen Benedek and Executive Director, Office Division, Carl Silbergleit were the brokers involved in the deal between 272 N Bedford Rd LLC (landlord) and Finger Lakes School (tenant).

* Lease of 3,331 sq. ft. at 400 E Fordham Rd, Bronx. Executive Director, Office Division, Ellen Benedek and Executive Director, Office Division, Carl Silbergleit brokered the deal between Acadia Realty Trust (landlord) and Westat (tenant). Benedek and Silbergleit represented both the landlord and the tenant in the transaction.

“Even in this difficult economy, our brokers are continuing to match clients with space that suits their needs,” said Tony Lembeck, NAI Friedland’s CEO. “Friedland’s brokers know better than anyone what options are available, and our clients, both tenants and landlords alike, continue to flock to us to help them find the right deal at the best price.”

Lembeck continued, “Friedland’s brokers are out in the market every day, working hard to fill every vacancy in Westchester, Rockland, Putnam, and the Bronx. We are canvassing each market regularly to find the best opportunities for our clients.”

NAI Friedland is located at 656 Central Park Avenue in Yonkers and can be reached at 914-968-8500 or by visiting www.friedlandrealty.com