Steve Kornspun and Ross Schneiderman from NAI Friedland workedin conjunction with NAI Hilco of Chicago. MJM Stone, which alsooperates a landscaping business on Richmond Place, has not occupiedthe 1.72-acre property as yet. NAI Friedland officials believe thefirm will consolidate some operations to the Larkin Streetproperty. MJM officials could not be reached for comment.

NAI Friedland also brokered the sale of 17-21 Bertel Ave. inMount Vernon, NY for $1.1 million. Elevation Video and WirelessFirst is relocating from leased space in Manhattan to the 8,900-sfwarehouse/office building. The firm, which provides high-end salesand rentals of audio equipment to the entertainment industry, isexpanding their operations with the move, Friedland officials say.Peter Cokin, John Williams and Schneiderman worked on thetransaction.

In addition, NAI Friedland's Cokin says WW Grainger has signed along-term lease at 1143 Longwood Ave. in the Hunts Point section ofthe Bronx. The firm will occupy the 21,500-sf high cube warehousebuilding that is being developed by the Petrillo family ofWestchester County, Friedland officials say. WW Grainger willinvest several hundred thousand dollars into the construction of alarge showroom, offices and other improvements at the site. Thelease is valued in excess of $3 million. Tamerlain Realty Corp. ofthe Bronx, NY also worked on the deal.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.