Melville, NY Kalmon Dolgin Affiliates (KDA) has arranged a 29,000 s/f, long-term lease for Cadogan Tate, a London-based fine arts storage company, at 260 Spagnoli Rd.
Grant Dolgin of Kalmon Dolgin Affiliates represented the tenant, Cadogan Tate, while Jeffrey Schwartzberg of Premier Commercial Real Estate represented the owner, Gold Realty NY LLC, in the lease negotiations. Cadogan Tate also has a 67,400 s/f location in the Greenpoint section of Brooklyn at 301 Norman Ave., a deal that was previously brokered by Kalmon Dolgin. The company has other locations in Long Island City and Astoria.
The one-story, 35,000 s/f property at 260 Spagnoli Rd. is currently under construction by owner Gold Realty NY LLC. The property will have 36-ft. ceilings, with numerous loading docks and drive-in doors. There will also be some mezzanine office space. Cadogan Tate will occupy 29,000 s/f of the new property for storage of fine arts and furniture, while the owner, Gold Realty NY LLC will occupy the remaining 6,000 s/f.
“Cadogan Tate will be moving into a brand-new building on Long Island that is built-to-suit for its art storage needs. The company was able to get a similar amount of square footage as its city locations for a lower price per square foot,” said Grant Dolgin. “Plus, it allows Cadogan Tate to break into the Long Island market. The central location of 260 Spagnoli Road, close to the Long Island Expressway, Northern State Parkway and Route 110, is perfect for clients from all over the Island.”
For more than 35 years, Cadogan Tate has been a well-respected international art storage and shipping service provider, offering locations in London, Paris, Côte d’Azur, and Los Angeles.