Long Island Industrial Inks New Lease with Lanco Corporation at 2905 Veterans Memorial Highway

RONKONKOMA, N.Y. (March 12, 2015) — Long Island Industrial, which owns and operates a mixed portfolio of commercial properties across Long Island, today announced a new lease with Lanco Corporation, which will occupy 67,200 square feet at 2905 Veterans Memorial Highway in Ronkonkoma, New York.

Lanco, a manufacturer of promotional and hospitality products, is relocating to 2905 Veterans Memorial Highway from 350 Wireless Boulevard in Hauppauge, New York. The company expressed interest in the property due to its modern features that include 28-foot ceilings, along with ample space for loading.

Tommy Tsiolis, director of leasing for Long Island Industrial, represented Long Island Industrial, while Jim Dunn of Atlantic Property Services represented Lanco.

“The property’s easy accessibility to the Long Island Expressway, along with its 28’ clear ceiling height, heavy power, parking and loading space, were some of the key selling points that helped us to complete the deal with Lanco,” said Tommy Tsiolis, director of leasing for Long Island Industrial.

Scott Slade, president of Lanco, added: “Lanco was under a very tight time constraint because we needed to move out of our current location quickly. Long Island Industrial moved rapidly to accommodate our requirements. We look forward to a long, mutually beneficial relationship with Long Island Industrial.”

Situated on 50 acres in Suffolk County, 2905 Veterans Memorial Highway is strategically positioned near MacArthur Airport and the Long Island Expressway. The 661,000 square foot industrial park consists of eight buildings offering a combination of office, R&D and industrial space.

Founded in 1985, Lanco Corporation has deep roots in Long Island, operating in Hauppauge since 1991. The company supplies promotional products through a network of distributors. Its product categories include food gifts, drinkware, bags, technology accessories, writing instruments, bath & body products and more.

About Long Island Industrial

The preferred provider of Long Island commercial real estate, Long Island Industrial is consistently the top choice for companies seeking premium commercial space within Nassau and Suffolk counties. Its portfolio includes a mix of 36 office/flex, retail, R&D, industrial, and warehouse sites varying in size from 14,000 to more than 235,000 square feet in locations such as Ronkonkoma, Deer Park, Farmingdale, Hicksville, Huntington, Plainview, Syosset, and Yaphank. The company offers a variety of services including buying/selling, leasing, property management, financing and consulting, site selection, and strategic planning. For more information, please visit: www.longislandindustrial.com.