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Three Long Island Firms Eye New Office Space in Hauppauge

HAUPPAUGE, NY-Insignia/ESG, leasing agent for the newly constructed 100 Motor Parkway office building, expects to have the 217,000-sf spec property leased up by mid-2002.

By Jim Roberts | Updated on November 13, 2001

HAUPPAUGE, NY-Two companies already located on Long Island are in discussions to lease 160,000 sf of space at 100 Motor Parkway in Hauppauge, a new class A building now undergoing finishing touches. The project developer and owner is Tritec Real Estate Co. of East Setauket, NY.

And a third unnamed local firm is considering committing to the entire 183,000 sf of a planned but not yet built second phase of the project. “We’re in the process of doing leasing now, talking to several major companies now to be the anchor tenant (at Phase One), one for 60,000 sf and one for 100,000 sf. We’re also negotiating with a tenant for the entire second building,” Theodore P. Sasso, senior managing director of Insignia/ESG, leasing agent for building, tells GlobeSt.com.

“The companies we’re speaking with already have major operations on Long Island, which is typical of what we see,” Sasso says. “It reinforces the trend for companies demanding higher quality space on Long Island. We’re finding more and more that the real quality buildings are the ones that are getting the tenants.”

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