News: Long Island

Costa of Rechler Equity Partners arranges lease 12,600 s/f to Judge Family

85 Orville Drive - Bohemia, NY 85 Orville Drive - Bohemia, NY
Chris Costa, Rechler Equity Partners Chris Costa, Rechler Equity Partners

Bohemia, NY According to Mitchell and Gregg Rechler, partners of Rechler Equity Partners, the firm has signed a new 12,600 s/f lease for Judge Family Enterprises Inc., an auto parts and accessories distributor, at 85 Orville Dr.

Judge Family Enterprises had been a sub-tenant of Interstate Batteries at 85 Orville Dr. Recently, Judge Family Enterprises acquired Interstate Batteries, and the 12,600 s/f lease encompasses the space previously occupied by both companies.

Chris Costa, director of leasing for Rechler, negotiated the deal on behalf of the landlord. There was no tenant broker involved in the negotiation.

“With the acquisition of Interstate Batteries, Judge Family Enterprises was able to continue its operations at 85 Orville Dr. without interruption of its business,” said Costa.

The property at 85 Orville Dr. offers convenient highway access to Veterans Memorial Hwy., Sunrise Hwy. and the Long Island Expressway. The building is also in proximity to the Long Island MacArthur Airport.

MORE FROM Long Island

Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.