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About Coldwell Banker Commercial Island Corporate Services

One Suffolk Square, 1601 Veterans Memorial Highway, Suite 420, Islandia New York 11749

Coldwell Banker Commercial Island Corporate Services (CBCICS) an affiliate of Coldwell Banker Commercial. CBCICS is a commercial real estate brokerage firm with tenant and ownership representation, consulting advisory services, land use/zoning expertise, valuation, REO-OREO-foreclosure services, litigation support/expert witness and property management functions backed by a $6 billion parent company.

The strategically located office is based in Islandia is positioned in the epicenter of commerce and industry on Long Island halfway from the western border of Nassau County to the Suffolk County Seat in Riverhead. We are  immediately off the Long Island Expressway (Rte 495) at Exit 57. CBCICS is led by its three current Managing Principals; Lee Rosner, CCIM SIOR, Leo Farrell & Edward Pidgeon. They supervises a local staff of agents and administrative personnel. The office phone number is (631) 232-4400. The firm matches clients with commercial properties to accommodate expansion, relocation, and investment. Governmental agencies, corporate tenants, commercial landlords and developers consult CBCICS regularly for market reports and analysis. Moreover, the firm analyzes the performance of income-producing properties for investors and lending institutions.

CBCICS enjoys a special understanding of Long Island's office and industrial real estate market. It has sold or leased hundreds of office and industrial properties in the region. Active in both landlord representation and tenant representation, CBCICS serves as a window on the availability of properties in the region's commercial real estate market.

The firm is a Licensed Real Estate Broker in the State of New York. CBCICS negotiates leases on behalf of property owners as well as tenants and is regularly called upon to provide consulting advisory services on the marketing potential of diverse property types. Over the years, CBCICS has sold many office buildings, industrial - warehouse flex buildings, retail properties and land, emerging as one of the best-known commercial brokers on Long Island.

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About Coldwell Banker Commercial Corporate

A subsidiary of Realogy Corporation, the world’s leading real estate franchisor, the Coldwell Banker Commercial® organization is a worldwide leader in the commercial real estate industry. Coldwell Banker Commercial is part of the oldest and most respected national real estate brand in the country, which was founded after the San Francisco earthquake of 1906 by Colbert Coldwell, who was later joined by Benjamin Banker.
 

With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises over 200 companies and more than 3,000 professionals throughout the U.S., as well as internationally. In fact, CBC possesses the largest geographic footprint in today’s commercial real estate marketplace. The organization’s worldwide headquarters are in Parsippany, NJ.

The success of CBC® lies in its striking versatility. The organization deftly combines a powerful national presence with the agility of a regional market innovator. Each CBC affiliate office has the resources and insight to understand its local market and the expertise to convert this knowledge into tangible value for each client. Our professionals stand ready to help clients discover untapped commercial real estate market opportunities and to deliver a range of services designed to add value to their businesses. The CBC organization’s skillful professionals and nimble affiliate offices service a wealth of business categories in markets of any size, with clients ranging from established corporations to small businesses to individual investors. 

A Distinctive Approach to Client Service

 At COLDWELL BANKER COMMERCIAL, every assignment, no matter how big or small, commands the market insight and individually charted plan of a commercial real estate advisory team handpicked to meet the needs of that particular transaction. Our affiliates are committed to unrivaled performance standards, which translates into bottom-line results for clients. "The client's best interest must be the guiding force behind all services." Our Clients For over 100 years, the driving force behind all services at COLDWELL BANKER COMMERCIAL remains the client's best interest. There are no "typical" commercial clients, nor are there typical assignments. Our affiliates clients' requirements represent a diverse mix, from a single transaction in a specific local market to national, multi-market assignments.

We represent:
  • International corporations
  • Professional firms and agencies
  • Nonprofit organizations
  • Small business owners
  • Entrepreneurs
  • Individual real estate investors

 Visit CBC Worldwide's website for more information 


About the Owner and Property Manager

One Suffolk Square was developed in 1987 and is owned and managed by CommonWealth REIT,headquartered in Newton, MA. CommonWealth REIT is a real estate investment trust, or REIT, which primarily owns office and industrial buildings located throughout the United States. 

The majority of our properties are office buildings located in suburban areas and central business districts, or CBDs, of major metropolitan markets. CWH was founded in 1986 and went public on the New York Stock Exchange as a REIT that owned healthcare related properties. In the 1990’s we transformed into an office REIT by selling healthcare assets and buying office buildings. 

During this time, we also formed four subsidiary REITs: Hospitality Properties Trust (HPT), a REIT that owns hotels and travel centers;Senior Housing Properties Trust (SNH), a REIT that primarily owns healthcare properties; Government Properties Income Trust (GOV), a REIT that primarily owns and leases office buildings that are majority leased to government tenants and Select Income REIT (SIR), a REIT that is focused on owning and investing in net leased, single tenant properties. HPT, SNH, GOV and SIR became separate public companies in 1995, 1999, 2009 and 2012 respectively. 

In July 2010, we changed our name to CommonWealth REIT from HRPT Properties Trust in order to avoid any lingering confusion that the company may be a healthcare focused REIT. We have been investment grade rated since 1994 and we are included in a number of financial indices, including the Russell 1000®, the MSCI US REIT Index, S&P REIT Composite Index and the FTSE EPRA/NAREIT United States Index.

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