On this episode of The Elite Agent, Charles Weinraub- the Handsome Homebuyer meets with Michael Murphy, the President of Douglas Elliman's Commercial Division at one of Michael's many listings across Long Island at 900 Portion Road in Farmingville.  Here they discuss the Commercial Real Estate Industry and how Michael has built one of the most succesful Commercial Real Estate Brokerages on Long Island. 

167 Veterans Memorial Highway, Commack

NYU-Langone leased 17,150 square feet of office space at a recently constructed building at 167 Veterans Memorial Highway in Commack. Ted Stratigos of Avison Young represented the tenant, while Michael Gronenthal and Michael Murphy of Douglas Elliman Commercial represented the landlord, 167 Vets Highway LLC, in the lease transaction.

Douglas Elliman's Commercial Division brokers 11 deals including a lease for a brand new Branch Funeral Home, the sale of several development sites as well as the sale of the well known James Cress Florist building in the heart of Smithtown,NY. 

Amanda Stein, Douglas Elliman Commercial Featured in New York Real Estate Journal 2022 Women In Business 

20 Pinehurst Drive, Bellport SELLS FOR $5.3 MILLION!

Hydro Metal Holdings, an affiliate of Boilermatic Welding Industries, purchased a 19,172-square-foot industrial building on 1.76 acres at 20 Pinehurst Drive in Bellport for $5.3 million. The seller, Coast2Coast Real Estate, had purchased the property in the fall of 2021 for $4 million and received economic incentives from the Brookhaven Industrial Development Agency to assist in the acquisition and those benefits were transferred to Hydro Metal Holdings. The buyer plans to invest an additional $1.8 million in renovations and equipment for its new Bellport facility, where it will relocate from Medford. Tom Guido of Signature Premier Properties represented Hydro Metal Holdings, while Michael Gronenthal and Michael Murphy of Douglas Elliman Commercial represented seller Coast2Coast Real Estate LLC in the sales transaction.

Chris Pesce, Top Producing Commercial Agent and the Highest Producing Agent for 2020 meets at the Merrick Mall, one of his many exclusive listings and talks Commercial Real Estate, his music career, social media and more with The Handsome Homebuyer, Charles Weinraub. Watch this awesome video and learn about how Chris manages his business at the link below! 

3951 Lake Ave., Riverhead

Iglesia Pentecostal Familia de Dios purchased a 15,819-square-foot building on 1.08 acres at 3951 Lake Ave. in Riverhead for $1.4 million. The property was formerly occupied by Wildwood Lanes, which has closed. The buyer plans on transforming the property into a church. Jimmitry Maisonneuve of Signature Premier Properties represented the buyer, while Steven Bezmen and Michael Murphy of Douglas Elliman Commercial represented the seller, Wildwood Bowling 16 Inc., in the sales transaction.

Douglas Elliman's Commercial Division brokered 11 deals in the last 60 Days! Featured in the INKED section of the LIBN. 

454-456 Jericho Turnpike, Huntington Station

JAS Aquatics, a swimming pool contracting firm, purchased a 5,400-square-foot retail building on .46 acres at 454-456 Jericho Turnpike in Huntington Station for $1.635 million. The company is relocating from East Farmingdale. Dennis Gandley and Louis Fisher of Douglas Elliman Commercial represented the buyer, as well as the seller, Valerie Hanna, in the sales transaction.

We can all agree that 2020 was one crazy ride!!!!
As the year comes to an end and we reflect on the impact that Covid 19 had on our industry - we look to our very own Michael Murphy for his perspective. 
Michael was asked by the NY Real Estate Journal to Review his year. 

Here he talks about how the Pandemic changed the way he works in the Commercial Real Estate Industry! When life throws curveballs, somehow Michael always seems to find a way to pivot!! With his positive outlook and innovative ideas to continue doing business, Mike continues to pave the way for the success of every one of the Agents and Brokers at Douglas Elliman's Commercial Division!
 
Check out the link by clicking on the title above!!!

Pesce and Bezmen secure the lease for Real Life Ninja Academy in Freeport and continue the search for second location in Suffolk County!

In these uncertain times, Michael G. Murphy is showing us that Commercial Real Estate is still as active as ever! 

Executive VP and Head of Operations, Michael G. Murphy sat down with Rhonda Klch of The Diversity Project to talk Commercial Real Estate. They discussed the current market, the impact that Covid19 has had on our industry as well as what can be predicted for CRE in the future and more!

DE Commercial's Rozita Soomekh, Christopher Pesce and Michael Murphy broker 3 sales totaling $3.35 Million

 Michael Gronenthal, of Douglas Elliman Commercial is one to watch in 2018 

Agents from DE Commercial,  Suiv Lee, Chris Pesce, Dennis Gandley, Louis Fisher

and Michael Murphy broker 4 sales totaling $8.55 million

Michael Murphy, Dennis Gandley, Louis Fisher and Michael Gronenthal involved in sales and leases totaling over $4 million and 38,953 SF. 

Dennis Gandley of Douglas Elliman commercial Division together with Santa Cataldo from the Massapequa residential office, secured representation for a 15 year leasewith an aggregate value north of $15 million.
The deal was negotiated in detail by the head of operations Michael Murphy of Douglas Elliman Commercial and David Lebenstein, executive managing director at Cushman & Wakefield.

 Q & A Session and Professional Profile featuring DE Commercial Division's Top Producer, Christopher Pesce. 

Long Island Business News Who's Who in Commercial Development and Real Estate, featuring Douglas Elliman Real Estate's Commercial Division Executive VP/Head of Operations and Executive Board Member, Michael G. Murphy. 

Douglas Elliman Real Estate, Commercial Division was awarded top honors via CoStar's Annual Power Broker Awards!  Our entire team was recongnized as the Best of the Best when we were awarded TOP Firm for 2019! Michael G. Murphy, was awarded Top Broker for the same year! 

Michael Murphy discusses how he built the # 1 Commercial Brokerage on Long Island with Charles Weinraub, aka The Handsome Home Buyer! 

Michael G. Murphy reviews the Commercial Real Estate market on Long Island in 2018 for the New York Real Estate Journal 

 The Town of Islip has closed on the sale of 18 acres of surplus land on Carleton Ave., netting the town's taxpayers more than $3.5 million in revenue.

Brookhaven Rail Terminal and US Rail of NY, LLC Celebrate the Grand Opening of Long Island’s First Sustainable Freight Rail Terminal