Long Island Industrial Closes Out Strong Summer, Completes 150,000 Square Feet Of New Industrial Leases

Increased Activity Indicative of Continued Strength of the Long Island Industrial Market

LONG ISLAND, N.Y. – (September 9, 2014) – Long Island Industrial (LII), which owns and operates a mixed portfolio of commercial properties across Long Island, has announced today the completion of approximately 150,000 square feet of industrial leases across Long Island this summer.

At 450 Commack Road, Strikeforce expanded their lease by 21,000 square feet and currently occupies 56,000 of total space. At 511 Commack Road, Mason Technology expanded by 15,000 square feet, while McKee Foods (the manufacturer of Little Debbie snack cakes) signed a new lease of 11,000 square feet. AstraBio, a provider of provider of clinical medical lab services, also doubled its space at 95 Seaview Boulevard.

“As the economy continues to improve, many companies are taking on additional space,” said Tommy Tsiolis, Director of Leasing for Long Island Industrial. “It’s a great indication of not only the increased quality of the Long Island industrial market, but the increasing strength of the businesses within the area as well.”

During this same period, Long Island Industrial also secured several other new leases including PAL Industries (33,000 square feet) and Top Hat Imagewear (32,000 square feet), both at 230 Duffy Avenue. Steval Graphics also signed a 1,000 square foot lease on Fairchild Court, while Allstar Electronics signed a lease for 3,100 square feet of space at 275 Marcus Boulevard. OM Group signed a lease for 3,800 square feet of space at the corner of East 2nd Street and Huntington Street.

At 6851 Jericho Turnpike, JG Global leased 1,600 square feet of space, while Constellation Home Care leased 2,800 square feet. Specialty Rx also leased 1,200 square feet at 575 Underhill Boulevard, while online retailer Gogotech signed a new lease for 25,400 square feet of warehouse/distribution space.

“With recent capital improvements at both 575 Underhill Boulevard and 6851 Jericho Turnpike, we’ve begun to see an increase in medical tenant interest,” Tsiolis shared.

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: http://www.longislandindustrial.com/