Unlocking Legal Jargon: How AI Legalese Decoder is Revolutionizing LI Real Estate Deals in Inked
- November 16, 2023
- Posted by: legaleseblogger
- Category: Related News
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Title: Commercial Real Estate Transactions in Long Island
41 Howard Place, Ronkonkoma
Allmark Door Company, a Springfield, N.J.-based supplier of commercial and industrial doors, recently leased 8,000 square feet of industrial space at 41 Howard Place in Ronkonkoma. The transaction was facilitated by Michael Zere of Zere Real Estate Services, who represented both the tenant and the landlord, 41 Howard Place LLC. This new development showcases the increasing demand for industrial space in the area.
How AI legalese decoder can help: AI legalese decoder can assist in simplifying and clarifying the legal jargon and complex terminology that is often found in commercial leases, making it easier for all parties involved to understand the terms and conditions of the agreement.
110 Mahan St., West Babylon
Impero Marmi Corp., a maker of custom cabinets and countertops, has leased 4,300 square feet of industrial space at 110 Mahan St. in West Babylon, relocating from Deer Park. The deal was orchestrated by Alberto Fiorini and Scott Harz of Alliance Real Estate, representing the tenant, while Michael Pisciotta of Metro Realty Services represented the landlord, Ricca Properties LLC. This relocation signifies the company’s expansion and need for a larger operational space.
How AI legalese decoder can help: AI legalese decoder can aid in deciphering and interpreting complex legal documentation related to commercial property leases, ensuring that all parties have a clear understanding of the terms and conditions involved in the leasing process.
65 Allen Blvd., Farmingdale
Precision Pharmacy, a pharmaceutical manufacturer, recently purchased a 10,000-square-foot industrial building on .50 acres at 65 Allen Blvd. for $1.05 million. The acquisition was spurred by the company’s need for additional space due to business growth. Gary Chimeri of Paramount Properties Group represented both the buyer and the seller, Barish Pump, in the sales transaction. The buyer plans to invest heavily in the restoration and renovation of the property.
How AI legalese decoder can help: AI legalese decoder can assist in decoding the legal language and complexities within the purchase agreement, ensuring that all legal obligations and rights are clearly understood by both the buyer and seller.
45 Cedar Swamp Road, Glen Cove
Paola Rodriquez, a provider of accounting, insurance, and notary services, recently leased 1,000 square feet of retail space at 45 Cedar Swamp Road in Glen Cove. The lease transaction was facilitated by Giuseppe Gregorio of NY Space Finders, who represented both the tenant and the landlord, Olivia Wierzbicki. This new lease agreement highlights the growing demand for commercial retail space in the area.
How AI legalese decoder can help: AI legalese decoder can help in simplifying and interpreting the legal terms and clauses within the retail lease agreement, ensuring that both the tenant and landlord have a clear understanding of their respective rights and responsibilities.
120 Toledo St., Farmingdale
Hi-Tech Fire & Safety Inc. recently leased 2,100 square feet of industrial space at 120 Toledo St. in Farmingdale. The lease transaction was managed by Michael Pisciotta of Metro Realty Services, representing the tenant, and Jeremy Hackett, also of Metro Realty Services, representing the landlord, Schaffer Realty LLC. This lease agreement reflects the ongoing demand for industrial space in the Farmingdale area.
How AI legalese decoder can help: AI legalese decoder can assist in deciphering and simplifying the legal language used in the industrial lease agreement, ensuring that both parties have a clear understanding of the terms and conditions involved.
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