News: Long Island

T. Weiss Realty Corp. completes lease transactions totaling 41,225 s/f; Includes 20,000 s/f renewal for Aramis Inc.

T. Weiss Realty Corp., a leading landlord in Long Island's Rte. 110 corporate corridor, completed lease transactions during the first half of this year that totaled 41,225 s/f. The largest deal for the family operated commercial developer was a lease renewal for 20,000 s/f by the Aramis Inc. division of Estee Lauder at Melville Corporate Center I, 105 Maxess Rd. The transaction was negotiated with the landlord. The space, occupied since 2011 by Aramis, is less than a half-mile from other corporate facilities operated by the cosmetics firm based in Manhattan. Topping the list of new tenant transactions was a lease for 3,453 s/f at 324 South Service Rd., signed by Bosley, Inc., a hair-restoration specialist based in Beverly Hills, California. Dan Brandel of CBRE represented Bosley, while Craig Weiss, president of T. Weiss, represented the landlord in-house. Bosley is expected to occupy the space this month. Among other transactions: * Planet Home Lending, which has an existing presence at 105 Maxess Rd., expanded by 3,966 s/f. * TD Bank, which has had its regional headquarters since 2010 at 324 South Service Rd., expanded by another 1,671 s/f in a direct deal with the landlord. * Mittleman Brothers, LLC, an investment management firm based in Manhattan, leased 1,711 s/f at 105 Maxess Rd. for their L.I. offices. * CM Group LLC, the Long Island franchisee of Moe's Southwest Grill, leased 1,050 s/f of office space at 105 Maxess Rd. Michael Quadrino of Concorde Real Estate Company, Inc. represented the tenant while Weiss represented T. Weiss Realty. * Santander Bank, which houses a 2,900 s/f branch at 330 South Service Rd., renewed its existing lease at Melville Corporate Center II. Stefani Steinberg and Dean Rosenzweig of CBRE represented Santander while Weiss represented T. Weiss Realty. * Vitro Packaging, a tenant at 324 South Service Rd., since 2010 renewed its lease for 2,613 s/f. * The law firm of Sferraza & Keenan PLLC, renewed its lease at 532 Broadhollow Rd. for 2,080 s/f. * Lexel Corp., which specializes in information systems for the manufacturing and distribution industries, renewed its lease for 1,781 s/f at 532 Broadhollow Rd. "The mix of new tenant leases, and renewing businesses within the T. Weiss portfolio continues to reflect the demand for quality office space within the Melville/Rte. 110 corridor. This increased demand, stemming from multiple industries including the medical, banking, legal, IT and financial fields illustrates the depth of office space requirements in the local area, and the continued growth of these industries on Long Island," said Weiss,. Founded in 1969 by Ted Weiss and with day-to-day operations now overseen by both Ted and Craig Weiss, Melville-based T. Weiss Realty Corp. is a family owned and operated, full-service developer and manager of Class-A office buildings with properties totaling more than 600,000 square feet in the most important business districts of Nassau and Suffolk counties. T. Weiss Realty develops, owns and manages all of its properties and provides unsurpassed personalized service, meticulous attention to detail and swift response to customer requests. For more information, visit http://www.tweissrealty.com or call 631-454-9400. ###
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