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::	Office Description

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Agency Representation:

	Airport Corporate Center CB Richard Ellis was named exclusive agent and implemented a two-tier program avoiding ownership's exposure to large expiring leases.
	201 Old Country Road A primarily vacant class "A" 270,000 SF office building, formerly a single tenanted project, faced a 19.8% vacancy rate. CB Richard Ellis presented owners with recommendation for capital improvements. The owner's hired Ray Ruiz to reposition the building in the market.
	100 Motor Parkway, a new 204,000 sq. ft. class "A" building opened in 2002 during adverse market conditions. The owners hired Raymond Ruiz to find credit-worthy tenants willing to commit to long term leases and pay what was considered to be premier market rents.

Investment Sales:

	Long Island Business and Technology Center Bruce Nelson of the Long Island Private Client Group collaborated with Jeff Dunne and his Tri-State Institutional Investment Team to sell this 365,000 square foot technology campus (LIBTC). CBRE professionals undertook a detailed market study and underwrote the investment considering a repositioning of the property as an alternative office location for economically conscious tenants seeking a convenient location.
	K & K Industrial Industrial Portfolio CB Richard Ellis undertook this disposition assignment on behalf of Korn & Katz, LLC (Connecticut) who were exiting the Long Island market. A sale of the portfolio would only be possible if both a satisfactory return were achieved and if the potential purchaser was willing to assume the existing mortgage.
	Smithtown Portfolio. Branch Office Associates hired CB Richard Ellis to dispose of a 225,000 sq. ft. portfolio consisting of 2 office buildings and a shopping center in Smithtown. CB Richard Ellis brokers Bruce Nelson and Raymond Ruiz handled this transaction.
	Garden City Plaza. Bruce Nelson and the Tri-State Investment Team was retained to sell this three building office park totaling 404,000 square feet.

Tenant Representation/Acquisition:

	The Town of Brookhaven administrative functions were dispersed throughout eight buildings. CB Richard Ellis represented the Town in the acquisition of a 221,000 RSF office building for a new Town Hall, consolidated operations into one modernized facility and the disposition of old eight building complex.

www.cbre.com/longisland

88 Froehlich Farm Boulevard
Suite 100
Woodbury, NY 11797
Driving Directions

T 516.677.1700

F 516.364.6943

47-09 Center Boulevard
Long Island City, NY 11109
Driving Directions

T 718.937.6111
F 718.937.6709

Ellen Rudin
Managing Director
Long Island Region