Jason Merrell Douglas Elliman Commercial

To all the brave men and women who served for our great country I truly thank you. I never take our freedom for granted. Happy Memorial Day!

Despite early pandemic fears about the future of brick-and-mortar retail, everyone still had to eat..

Grocery-Anchored Retail Centers Boom Amid Investor Food Fight, New Appetite From Surprising Tenants After early pandemic nail-biting about the future of brick-and-mortar retail, retail centers, especially those with a grocery store anchor, are thriving.

This was a special one for me. Closing a deal in my hometown always hits a little different. It was a pleasure dealing with all parties involved. Sayville, watch out for crazy Scott!

The e-commerce explosion has propelled another boom—one in demand for commercial warehouse space

How to navigate the industrial real estate market when demand outstrips supply The e-commerce explosion has propelled another boom—one in demand for commercial warehouse space.   E-commerce sales hit $870.8 billion in 2021, up 14.2% since 2020, according to figures from the U.S. Census Bureau. As many manufacturers and distributors do all they can to keep products in…

The pursuit of land and its price is rising, putting a strain on developers in nearly every market and industry segment

Pricey Land Market Confounds Developers | GlobeSt Last year, prices were up 6 percent, the most in nearly a decade.

The pandemic triggered a flood of capital pouring into data centers, and industry insiders say it isn’t stopping anytime soon

Pandemic Led Major Investors To Dip Their Toes Into Data Centers. Now They’re Diving In Investors flocked to data centers during the pandemic, and new survey data and industry insiders suggest they are staying for the long haul.

New York's Class B and C Office Owners Mull Flex to Fill Space It's not their first choice, but the pandemic has forced changes on a market still struggling with historically high vacancy.

Happy St. Patrick’s Day! 🍀

It is truly an honor to be recognized by CoStar Group, the leading provider of commercial real estate information, analytics, and online marketplaces for transaction volume in commercial real estate deals on Long Island!

The CoStar Power Broker Award program has honored the industry’s elite for 22 years.

Congratulations to every single person from our office that made 2021 a banner year for Douglas Elliman Commercial!

WE ARE COMMERCIAL REAL ESTATE

During the pandemic, millions of workers—and their bosses—have worked effectively from anywhere. But the lack of in-person collaboration has many executives worried about how to maintain company culture and loyalty

WSJ News Exclusive | Forget the Office—Salesforce Is Making a Wellness Retreat for Workers Salesforce.com is creating a corporate culture epicenter at a California retreat where thousands of workers will connect in person and get training.

Numerous companies have been pushing more drive-thru expansion, given the lanes’ importance to restaurant sales at the moment. But companies like Chipotle and Starbucks are getting more aggressive in seeking out such sites

A look at the fierce competition for drive-thru real estate A Deeper Dive: Barry Wolfe, from Marcus & Millichap, joins the podcast to discus the impact of growing demand for drive-thru sites on prices

Amazon fueled the rise of industrial warehouses as an institutional investment asset class during the past two years by leasing millions of square feet in industrial warehouses and gobbling up industrial properties in cash purchases for use as distribution centers.

Amazon Plans To The e-commerce giant, which has doubled the size of its logistics network in the past two years, signals it will have a smaller appetite for buying industrial properties and will reduce its reliance on leased warehouse space in 2022.

Real estate is the second or third largest expense on a company’s balance sheet, making it a top priority during a corporate merger.

How Increased M&A Activity Is Affecting Corporate Real Estate | GlobeSt

Overall, Manhattan office leasing jumped by a robust 8.3% in the fourth quarter, undeterred by Omicron. There’s still plenty of space available, and rents are lower overall — but that hardly amounts to a sinking ship.

Despite work-from-home worries, Manhattan office real estate is doing just fine It’s time to look beyond the end-of-days forecasts and focus on a counterintuitive truth — Big Apple companies that use the most office space are taking not less but more of it.

Major redevelopment project coming in Hicksville. A big thanks to all involved that helped get this one to the finish line! 💪🏻

Incredible Opportunity To Purchase This Highly Visible 5050 + SF Freestanding Retail/Office Building Located On Heavily Traveled Sunrise Highway. With Over 50K Vehicles Passing This Location Per Day This Is The Ideal Building For Any Retail Or Professional Office Use. Ample Parking For 20 Cars On Large 0.43 Acre Lot With Large Fenced In The Side and Rear Yard. 16 Foot Ceilings In Rear Storage Room, Plus Two (2) 14 Foot Overhead Doors. Features Reception Area And Several Private Offices, Plus Large Warehouse Area, Kitchen Break Room And Four Individual Bathrooms. Additional 1500 SF Office/Storage On 2nd Floor Not Included In The Square Footage. Entire Building Was Renovated Within The Past Year, Including New Roof, New Hot Water Heater, New High End Finishes Inside And Out! Roof And Unlimited Possibilities! Just Minutes From Copiague And Amityville LIRR Commuter Rails And Surrounded By National Retailers.

Jason Merrell
631-767-3033 | [email protected]
Douglas Elliman Commercial

Records continue to fall in the industrial real estate market, powered by an e-commerce boom accelerated by the pandemic.

Industrial Vacancy Rate on Long Island Hits Record Low Long Island’s industrial vacancy rate plummeted and average asking rents continue to soar, gaining for the seventh straight quarter.

Satellite Offices Fail to Launch in Big Way COVID was supposed to punch the trend into overdrive, but most tenants are choosing work-from-home policies or to return to their HQ.

As the ultra-contagious delta variant of the coronavirus sweeps through the United States, as well as the rest of the world, the Centers for Disease Control and Prevention's eviction moratorium is set to expire Friday, ending the 15-month pause enacted at the peak of the health crisis in March 2020.

Federal Eviction Moratorium Set To Expire As Delta Variant Rips Through U.S. The eviction moratorium lifting will create pressure on local governments to disperse rental assistance faster.

Quarterly sales volume was down across all regions of the single-tenant industrial market in first quarter 2021, however, the data is a bit deceiving..

2021 Net Lease Industrial Sales Volume & Cap Rates - Commercial Property Executive Quarterly sales volume was down across all regions of the single-tenant industrial market in first quarter 2021, however, the data is a bit deceiving.

How can anyone figure out what the right mix of office space is and what it will be six and 12 months from now? It’s all about finding the right amount of flexibility and square footage for each business. Here are a few guiding questions to help you frame this conversation.

Council Post: So, You’re Ready To Return To The Office: Five Questions To Help Renters Evaluate Their Needs Folks in commercial real estate are well-positioned to ask a few simple questions in order to provide their clients with the clarity they need to find the right space for their office experience.

CLOSED.. Finding the right buyer was a tough task for this unique office building located on Sunrise Hwy. While a lot of people are still working from home, the office sector hasn’t been what it once was. We found a way to connect the dots and get this one to the finish line. Congratulations Mr. Pipe on a great peice of property with tremendous exposure! On to the next!

If you have a commercial property that you need leased or sold call me I will get the deal done!

Jason Merrell
631-767-3033 (c)
Douglas Elliman Commercial

Even if the 1031 loophole closes and REITs and the related ETFs slide, the long-term impact is likely minimal. Any decline incurred by REITs could be an opportunity for investors to get involved with the asset class.

Biden's Tax Plan Unlikely to Pinch REIT Investors, ETFs President Biden and congressional Democrats have put forward sizable spending proposals, particularly the American Families Plan.

Access to capital for CRE properties remains surprisingly elusive, but we expect it to return to pre-pandemic levels soon in most sectors

CRE Capital May Not Be as Available as You Think - Commercial Property Executive Not every investor is finding the same number of financing options today, says Peter Muoio of SitusAMC Insights.

While most landlords tend to prefer the reliability of a fixed monthly rent payment, the wider use of percentage leases reflects how much retail has become a renters’ market.

Covid-19 Rent Breaks for Retailers Are Becoming the New Norm Leases that tie rent to a portion of sales look poised to outlast the pandemic.

LEASED❗️Excited to find the perfect tenant for this rare ground level vacancy on E Park Ave. Long Beach. We have had countless inquiries on this space but waited it out to find the right long term tenant. This will be the new home for I wish you nothing but the best on what will be another successful location.

If you have a commercial property that you need leased or sold call me. I will get the deal done!

Jason Merrell
631-767-3033 (c)
Douglas Elliman Commercial

Under Contract ALL CASH deal! I was very excited to find the right buyer for this unique property. Congratulations to the seller! On to the next..

If you have a commercial property that you need leased or sold call me. I will get the deal done!

Jason Merrell
631-767-3033 (c)
Douglas Elliman Commercial

Incredible Investment / Owner User / Development opportunity in the heart of Hicksville NY. This mixed use retail and office building is strategically located on the North side of the Hicksville LIRR parking lot. There are many different potential plays here with the seller being able to be deliver the property vacant or with tenants in place grossing over $11,000 per month. Due to the recent zoning changes and redevelopment of Downtown
Hicksville, this property can be expanded by another floor.

Jason Merrell
631-767-3033 (c)
Douglas Elliman Commercial

Happy Easter!