March 2017 Vol.9 Issue 7
Dear Friends ,

I started Hunt Construction Services six years ago with the goal of being able to provide construction expertise to our family of clients. My objective has always been to deliver the same level of service and transparency in construction that we provide with our real estate acquisition and disposition services. It was a natural fit - there are very few commercial real estate transactions that do not require construction or renovation of some kind.

While we provide both Construction Management and General Contracting services, I find that we lean toward Construction Management whenever possible. Why? Our clients save money and our work is totally transparent, with no hidden charges or mysterious work-orders. There are, however, those occasions where General Contracting is preferred by our client. Our client will usually say something like, "David, I am happy to pay you the extra fees. Just get it done and let me concentrate on my business." Obviously, we take good care of our clients, whatever their preferred delivery of construction services.

This month's article details the differences between Construction Management and General Contracting. If you have commercial construction work to be done, you definitely want to consider the advantages of both, and we would be happy to walk you through that decision-making process.

Oh, the possibilities!

David G. Hunt
general contracting
 
General Contracting or Construction Management?
 by David Hunt
   
Q:  We will be closing on an industrial building shortly, and will need to reconstruct approximately 12,000 square feet of office space. I have heard that Construction Management is a better way to build. Is it, and how does it work?

 
A:  There are two major ways to hire a contracting company to work for you. The first and most traditional method is called . ...

 
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PROPERTY HIGHLIGHTS
  
Cherry Creek Golf Courses, Riverhead, NY
   
295 Acres of Land for Sale
Unique Development Opportunity
The Links at Cherry Creek & The Woods at Cherry Creek
 

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COMPANIES ON THE MOVE
  
Hauppauge Computer W orks is moving to 909 Motor Parkway, Hauppauge.
Men on the Move is moving to 150 Crossways Park Drive, Woodbury.
Nastel Technologies has purchased 88 Sunnyside Boulevard, Plainview.
Noble Elevator has purchased 1595 Sycamore Avenue, Bohemia.
Lumight leased space at 249 Trade Zone Drive, Ronkonkoma.
SDT Springs purchased 1655 Locust Avenue, Bohemia.
Momentum Solar has leased space at 45-55 Fairchild Avenue, Plainview.    


COMPARABLE SALES IN THE LAST 12 MONTHS

City  Address               Property Type  Size SF   Office SF Acres Total  Sold Price/SF  Sold Date 
Westbury 1400 Old Country Road Office 250,000

7.68 $112.00
3/2/2017
Plainview
202 Terminal Drive Office 6,900
1 $229.71 1/30/2017
Bay Shore 30 Harold Court Industrial 8,500
1.3
$85.29
1/30/2017
Mineola
485 Jericho Turnpike
Office 6,287

$182.92
1/24/2017
Melville 35 Pinelawn Road Office 118,526
6.04 $129.72 1/19/2017
Franklin Square
1230 Hempstead Turnpike Office 26,201
.80 $110.15
1/12/2017


Commercial Real Estate
An Award-Winning Professional Practice

 
You have an attorney. You have an accountant. Now you can have a professional real estate advisor!

HUNT provides specialized experience and expertise in the marketing and acquisition of corporate real estate. Unlike traditional real estate brokers, we represent our clients exclusively. 

HUNT- Solving Commercial Real Estate Issues Since 1973

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