Hauppauge, NY According to Hunt Corporate Services, Inc., Mr. Bar-B-Q Products, LLC has purchased the 33,540 s/f building at 10 Commerce Dr. David Hunt, president of Hunt, represented the seller,10 Commerce LLC. Sara Abikzer of Signature Premier Properties represented the buyer.
The sale price was not disclosed.
The building is situated on a 2.45-acre plot at the corner of Commerce Dr. and Moreland Ave. Built in the 1980s, it was massively renovated in 2004 and includes 7,893 s/f of office space, a fully air-conditioned laboratory area of 14,647 s/f and a warehouse of 11,000 s/f. Mr. Bar-B-Q will also be renovating the interior of the building to accommodate their own needs.
“We had five offers on the property, which is indicative of the tight market for well-situated, modern industrial buildings,” said Hunt. “The highest bid was a full-price offer.”
Founded in 1972, Mr. Bar-B-Q Products provides consumers innovative, quality products offering ‘Everything for the Grill. Their core product assortment has over 400 products.
includes but not limited to Tools & Tool Sets, Brushes, Baskets, Toppers, Accessories, and Covers. Mr. Bar-B-Q products can be used for charcoal, gas, or electric grills. Over 120 products are patented. They will be relocating from Melville.
Hunt Corporate Services, Inc., in the role of a trusted advisor, represents clients exclusively for the acquisition or disposition of commercial real estate throughout the United States, primarily on Long Island, New York. The aggregate value of commercial and industrial properties leased or sold exceeds $1 billion.