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Mr. Albert Centrella
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Title: Principal, Executive Director
Specialties: Retail, Office
3 Huntington Quadrangle
Melville, NY11747
Phone: 1-631-270-3038
Fax: 1-631-270-3068
Email:
Contact
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Scope of Service Experience
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Industrial- Landlord & Tenant Representation
Retail - Leasing, Management & Sales
Mr. Centrella oversees the operation of the commercial brokerage department at NAI Long Island. He has over 25 years of diverse real estate experience, and since 1977 has handled over 500 transactions valued in excess of $500 million on behalf of his clients. Prior to joining NAI Long Island, Mr. Centrella previously served as Director of Leasing for Jerry Spiegel Associates where he was responsible for leasing over 2.5 million square feet of commercial space on Long Island and the Metropolitan area. Mr. Centrella rently been appointed Chairman of the NAI Global Northeast Retail Council.
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Education
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Bachelor's Degree in Marketing -Queens College, NY
New York University Real Estate Institute
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Background & Experience
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| In 1977 Mr. Centrella joined The Lansco Corporation in New York City handling office leasing. In 1986 he joined Jones Lang Wooton as a VP, and handled landlord and tenant representation. In 1988 he joined Spiegel Assoc. as Director of Leasing for their office, industrial and retail properties. In 1994 he started Schacker Management, which merged, with Bagnato Realty in 1997. In 2000 Bagnato Realty became NAI Long Island where Mr. Centrella is now a Principal and Executive Director of Brokerage. |
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Professional Affiliations & Designations
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-Commercial Industrial Brokers Society
-International Council of Shopping Centers
-Board of Directors March of Dimes Long Island Chapter
-Member NAI Gold Club
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Significant Transactions
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-The demalling and re-developing of Huntington Square Mall, East Northport, NY. The mall was converted from the traditional mall into a power center. Instrumental in obtaining Verizon, Dress Barn and Lane Bryant as tenants in the center.
-Cherrywood Shopping Center, Wantagh, New York – the center had a 20% vacancy rate and was valued at approximately nine million dollars when taken over by NAI. New tenants such as Umberto Restaurants and Iavarone Brothers increased the centers value to $16 million.
-Malvese Properties –responsible for the sale of 10 acres of land to develop a 50,000 SF Stop & Shop store.
-Deals with DHL/Airborne of over 30,000 SF transactions.
-Nassau Educators – active in the placing of 3 new branch locations
approximately 5,000 SF each
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