New York Real Estate Journal

Costa of Rechler Equity Partners arranges 32,100 s/f lease to GMG; Pidgeon of Aireco represented the tenant at 65 Orville Drive, Bohemia

May 11, 2015 - Long Island
According to Rechler Equity Partners, one of the largest owners of commercial real estate on Long Island, it has signed a long-term lease for 32,100 s/f with GMG Transwest at 65 Orville Dr. GMG Transwest is one of the premier freight management companies in North America and works with a network of quality carriers to provide customers with superior transportation choices. They were looking for a free-standing building to consolidate two divisions under one roof and meet their unique infrastructure needs, and found a perfect fit at 65 Orville Dr. "The tenant needed a property to accommodate tractor trailer deliveries while also providing quality space for their corporate offices," said Chris Costa of Rechler Equity Partners, who handled negotiations on behalf of the owner. "The property at 65 Orville offers a great rear yard with exceptional egress that allowed GMG Transwest to house both divisions under one roof." Richard Pidgeon of Aireco represented the tenant in the deal. "Locating a property that met all our needs was like finding a needle in a haystack in this market where space is extremely tight," said John Caviello, president of GMG Transwest. "Rechler Equity Partners' 65 Orville Dr. was a perfect fit to meet our office and transportation layout needs."