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Durasol System Leases Entire 72,000 SF Building

WALLKILL, NY-In an expansion and consolidation move, Durasol Systems, a manufacturer of retractable awnings, has signed a lease for 72,000 sf of space at 225 Tower Dr. at the Quickway Industrial Park here.

By John Jordan | Updated on July 20, 2001

WALLKILL, NY-Durasol Systems, a manufacturer and distributor of retractable awnings, is consolidating its operations in Orange County and will be relocating to 72,000 sf of space at 225 Tower Dr. at the Quickway Industrial Park located in the Town of Wallkill. Frasseto Commercial Investments recently completed the 225 Tower Dr. building on a speculative basis. Durasol will occupy the entire building, which will consist of 16,000 sf of office space and the remainder serving as industrial/warehouse space.

The 10-year lease deal was announced by the Orange County Partnership, the county’s lead economic development agency. David Dirks, president and chief executive officer of the Orange County Partnership, comments, “It is a good economic indicator when an existing business chooses to stay in the area like Durasol has chosen to do in Orange County. Investments into speculative buildings by real estate developers makes expanding locally viable for the business owner.”

Chris Frassetto, a partner in Frassetto Commercial Investments (the owner of Quickway Industrial Park) says, “We are extremely excited to have Durasol Systems Inc. as a tenant. This lease demonstrates the high demand for commercial real estate within the county, however, there is a small supply. Our next project, a 160,000 sf flex building in Wallkill will help facilitate this need, while creating additional jobs in the area.”

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