Paul Wexler, the founder of Wexler Healthcare & Commercial Properties, is expanding his business from Manhattan into the East End, the Corcoran Group announced.
Wexler Healthcare & Commercial Properties currently represents more than 1 million square feet of space across 100 health care, commercial, and retail properties throughout New York City. He’s worked in the commercial real estate industry for nearly 40 years.
“Expanding to the East End is a natural move forward for my team,” Wexler said. “As more people make their East End homes their primary residences, I recognized the need for additional infrastructure to support the increasing number of full-time residents. Since I have had a home out here for over a decade, I knew it was the perfect time to broaden the successful career I’ve had in Manhattan out east, with potentially more locations to come.”
Wexler has already completed a transaction in the East End, bringing NYU Langone Medical Associates to Bridgehampton. His team is exclusively representing four new development properties for The Farrell Companies: three in Riverhead, at 374 Main Road, 314 Main Road and 743 Union Avenue, and one in Bridgehampton at 2297 Montauk Highway.
“I am thrilled to welcome Paul and the Wexler Healthcare & Commercial Properties team to the East End,” said Ernest Cervi, Corcoran’s regional senior vice president of the firm’s East End operations. “No one is more knowledgeable about the health care and commercial industry, and it’s a win for everyone to have a specialist like Paul, a longtime resident, out east growing his business.”
With this new office, Wexler Healthcare Properties welcomes a new team member, Dan Lessing, who will collaborate with Wexler on the group’s East End business. Lessing, a 30-year industry veteran, comes to Corcoran from his principal role at DSR Group, overseeing the leasing and sales of 5 million square feet of commercial space across the Tri-state area.
One fine body…