Real EstateLowe's Buys Commack Cinema Property For $13M

Real EstateLowe's Buys Commack Cinema Property For $13M

Faith Hope Consolo, chairwoman of the retail leasing and retail sales division at Prudential Douglas Elliman Real Estate, said Lowe's is using its cash-positive status to buy some freedom from leasing. "They are really focusing on purchasing everywhere because they have such a hard time leasing," she said. "When they lease they already have too many restrictions."