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NAI Long Island Completes over $28 million in Transactions through First Half of 2014


NAI Long Island, a member of NAI Global the world’s premier managed network of commercial real estate firms, announced today that it has closed over $28,000,000 in transactions in the first half of 2014.

Carmine Inserra, Principal and Executive Director of NAI Long Island, is pleased with the first half of the years volume. “We are seeing a rebound in commercial real estate, particularly in the medical sector, which is impacting the general office market by absorbing space in buildings that previously precluded medical uses. In turn, by reducing the inventory of available space, the market is getting tighter,” said Inserra.

NAI Long Island is the exclusive agent for 623 Stewart Avenue in Garden City, NY, formerly a COMP USA building that has been redeveloped to medical/office space.

About NAI Long Island

Founded in 1980, NAI Long Island is a full service commercial real estate organization providing sales, leasing, tenant/landlord representation, property management and consulting services. NAI Long Island is proud to be the Nassau, Suffolk, and Queens County representative of NAI Global.

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About NAI Global

NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management.

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07/31/2014 - 14:17


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