According to Cushman & Wakefield, St. Mary's Healthcare System for Children signed a 15-year lease for 25,580 s/f of space at 5 Dakota Dr.
The deal is a renewal and expansion. The space will continue to house St. Mary's executive and administrative offices. The organization consolidated its operations from another nearby Nassau County location in order to bring everything under one roof.
St. Mary's Healthcare System for Children was represented by Cushman & Wakefield's David Leviton, executive director, Robert Kuppersmith, director, and Marisa Karmitz, associate. Property owner We're Associates Company was represented internally by Andy Newman.
"St. Mary's remained at 5 Dakota Drive because of its central location to its flagship hospital in Bayside and its employees," said Kuppersmith. "We considered relocation alternatives within Nassau County, but after a thorough evaluation of the availabilities in the region, we concluded that expanding on premises and constructing new improvements in the Lake Success location was the right decision for the organization. The landlord worked collaboratively with us to accommodate the tenant's needs, and St. Mary's is very pleased to extend its commitment and grow in the building." Tags: