Al Centrella Completes $15,474,320 Deal with AT&T Corporate for Three New Long Island Locations
MELVILLE, NY – July 27, 2017: Al Centrella, Principal of NAI Long Island and the exclusive Long Island broker for AT&T Mobility, has brokered deals for three new corporate locations in Lake Grove, Carle Place and Valley Stream, NY with a total transaction value of $15,474,320.
The new AT&T store in Lake Grove, a 4,164 SF space located at 2093 Smith Haven Plaza, was acquired working directly with Matthew O’Grady of C&B Realty. In Carle Place, the 5,000 SF store located at 235 Old Country Road was leased from Jim Dalta of Park East, LLC. Lastly, AT&T’s new location in Valley Stream, in the Plaza at Green Acres, is a 4,500 SF space leased from Jeremy Isaacs of Ripco Realty in conjunction with Macerich.
These new stores will be part of AT&T’s “Store of the Future” initiative, which aims to usher the technology retail experience into a new era. This fresh approach is less about “traditional” retailing and more about active experience and exploration. In order to support this initiative, AT&T focusses on acquiring prime retail pad sites outside of major malls, which is an expensive and rare thing on Long Island. But, with Al Centrella’s unparalleled retail expertise, he was able to successfully place AT&T in these three highly-coveted locations.
Please visit http://www.nailongisland.com/agents/albert-centrella to contact Mr. Centrella directly about your retail leasing and sales needs.
About NAI Long Island
NAI Long Island is a full service commercial real estate firm serving Nassau, Suffolk, and Queens counties since 1980. Our professional staff have in-depth market knowledge, experience, and the proven ability to negotiate successful client-specific transactions. Our expertise is enhanced by state of the art systems, and a comprehensive database to provide market and property information. NAI Long Island is a member of NAI Global, the premier network of commercial real estate firms spanning the globe. To learn more, visit nailongisland.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of 400 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world. To learn more, visit www.naiglobal.com and www.naiglobalnewslink.com.