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In a transaction arranged by Newmark's Long Island office; Forest Laboratories, Inc., a manufacturer of pharmaceuticals, has acquired a Class A, high-tech property located at 48 Mall Drive in Commack, N.Y.

Charles V Charles V, duke of Lorraine
Charles V (Charles Leopold), 1643–90, duke of Lorraine; nephew of Duke Charles IV. Deprived of the rights of succession to the duchy, he was forced to leave France and entered the service of the Holy Roman emperor.
. Tabone SIOR SIOR Society of Industrial and Office Realtors
SIOR Specialist, Industrial and Office Real estate
, executive managing director of Newmark's Long Island office, in conjunction with Racanelli Realty, acted as the exclusive sales agent for the seller, Triple G LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. Forest Laboratories was represented by CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  in the sales transaction.

In addition to the 20,000 SF at 48 Mall Drive, Forest Laboratories also occupies several hundred thousand SF of space throughout Long Island. According to Tabone, this deal is another example of Long Island's ability to attract corporations interested in cost-effective,, high-quality space.
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 27, 2001
Words:117
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