Loci Capital’s Post

#GTLongIsland recently secured the necessary land use and zoning approvals for a new fast-food drive through to be built at 5599 Merrick Road in Massapequa, New York on behalf of client Multibrands Massapequa TIC Real Estate, LLC. The project will repurpose the former Hudson’s Mill restaurant and a new store will be constructed for one of the largest coffee brands in the US and a multinational chain of ice cream shops. GT assisted the client in a more than 2-year process to secure a Special Use Permit and Site Plan Approval from the Town of Oyster Bay Town Board, as well as variances from the Town of Oyster Bay Zoning Board of Appeals to operate the location 24-hours a day, 7-days a week. The GT team that represented the client was led by GT Long Island Shareholder Erik Snipas. #LandUse #RealEstate

Just Listed! A 1-acre #signaled corner on Whiskey Road @ Heathwood! This is a #Killer site and I don't think it will stay on the market long. Ideal for oil change, #QSR, #carwash, or any #retail use. OM: https://lnkd.in/e-sNuvN3 Listing: https://lnkd.in/egaMjcvV This site, situated in a rapidly expanding retail hub, benefits from its strategic position on a signalized corner, ensuring excellent visibility and accessibility. With a traffic count of 28,200 vehicles per day on Whiskey Road, the site offers a unique opportunity to capitalize on high traffic counts and attract a diverse customer base. The surrounding area is home to numerous national tenants, enhancing the site's appeal for potential retailers. The parcel is currently zoned for residential use and will need to be annexed and rezoned into the City of Aiken for commercial use. This highly visible and accessible ±0.99-acre parcel is positioned at the corner of Whiskey Road and Heathwood Drive in Aiken, SC. The property boasts significant frontage along the busy Whiskey Road, ensuring maximum exposure. Full motion access on Heathwood Drive further enhances its accessibility. With a flat topography, the site is devoid of wetland or floodplain issues, streamlining the development process. The property currently has water on-site, with sewer access approximately 600 feet away. The land's characteristics make it an ideal candidate for a wide range of commercial development projects. #development #CCIM Finem Group at Meybohm Commercial Meybohm Real Estate Meybohm Commercial Properties

We fix up properties of all conditions—no matter how daunting the task! It's our commitment to transform every challenge into a win. Every step of the way matters, from start to finish. #oldtransformation #houseflip #houserenovation #housetransformation #webuyhouses #wesellhouses #werenthouses #nwicasas

PROJECT RONALD UPDATE 😆 Another HMO cooking nicely for us. This is another meaty project that we'll be refurbing into a high end home for some very lucky tenants.  What do you think about how we've squeezed everything in to a home that was previously a two bedroom terraced house? 😱 #property #hmo #ukproperty #projectmanagement

We've been expecting this for some time - an announcement from Dobbies Garden Centres regarding their planned re-structuring and here it is:- "The Restructuring Plan (the RP) alongside other strategic initiatives, are expected to return Dobbies to sustainable profitability through site rationalisations, rent reductions and other tangible cost savings – securing its long-term future and allowing access to future investment. The RP includes the closure of 11 unprofitable sites, and all 6 unprofitable Little Dobbies sites, and impacts 465 colleagues, of which 82 are full-time (out of a total of 3,600 overall). Dobbies will also be working with landlords to seek temporary rent reductions at a further nine sites. While the process is ongoing, all sites will continue to operate as normal and there will be no impact to suppliers. Subject to the RP being successfully approved, they expect the affected sites to cease trading by the end of the year. Thereafter, Dobbies will operate 60 stores and continue to play a key role in the market, working constructively with stakeholders and suppliers, and having an active and committed role in the communities in which it’s based". They'll be more on Insight DIY shortly. Here's the list of proposed store closures:- Altrincham Antrim Gloucester Gosforth Harlestone Heath Huntingdon Inverness King’s Lynn Pennine Reading Stratford-upon-Avon Cheltenham (little dobbies) Chiswick (little dobbies) Clifton (little dobbies) Richmond (little dobbies) Stockbridge (little dobbies) Westbourne Grove (little dobbies) No more Little Dobbies 😢 #gardening #retailnews #retail #bricksandmortar

Transformed an outdated property into a modern space with hard work and dedication! It had its challenges, but the result was totally worth it! #transformation #transfromationtuesday #oldtransformation #houseflip #houserenovation #housetransformation #webuyhouses #wesellhouses #werenthouses #nwicasas

Retail sales of building materials, garden equipment and supplies dealers up 2.8% year over year in October. (see below) Boosted by Hurricanes Helene and Milton for sure. What is encouraging is the gradual improvement over Q3, after a huge contraction to start the year. Large discretionary more interest rate sensitive remodels are still under pressure. Very interesting backdrop as we approach 2025. #remodeling #housing #jbrec

Coordination, timing and taking advantage of each day are recipes for success in the construction industry. Another couple buildings at our Twinwoods development. Making good progress on the 85,000SF design/build facility for QTrade Teas & Botanicals located in Brookshire, TX. #designbuild #teamcollaboration #constructionindustry #cre #realestate #realestatedevelopment #tiltup

Creating my March market update video today but here's a teaser chart in the meantime while I edit. This is for condos and town houses in the Orlando metro area. #inventory #moon #condo #townhouse #CentralFloridaRealtor #floridarealestate #centralflorida #florida #centralfloridarealestate #housingmarket #floridarealtor

How we saw potential in this house with a large side garden! 1 year ago today I completed on this property near stowmarket! It was in a long row of houses but had a substantial side garden! speaking to our planning consultant when the policy was due to change to in Nov 2023 we knew we have a great chance of obtaining planning! So in the lead up to the policy change we arranged for all of the relevant surveys to take place and the application breezed through in under 8 weeks! #property #propertyinvesting #planningpermission