Following the November opening of its first New Jersey office, commercial brokerage Winick Realty Group continued its regional expansion with the launch of a Long Island division last month.
The firm hired CBRE vice president Noel Caban — who has worked at Winick in the past — to head the new division.
Winick, a Manhattan-based retail leasing specialist, has had a presence on Long Island since the firm’s founding in 1982, but the new division will aim to strengthen that foothold, Caban said.
“A key reason why we are doing this now is we have a lot of clients like Five Guys, Chipotle and others asking for more opportunities outside the boroughs,” said Caban, who will oversee two Winick brokers who already have experience with the Long Island market.
The new division will focus on property investment and retail leasing on behalf of both landlords and tenants in Nassau and Suffolk counties, as well as areas in Queens, he said.
For the time being, the new division will be based out of Winick’s office at 655 Third Avenue in Manhattan, but Caban said he hopes to eventually open a Long Island office.