Gift Retailer Inks Major HQ Lease

CARLE PLACE, NY-1-800-Flowers.com has signed a deal to move its base of operations from Westbury to 90,000 sf of space here. In order to make the deal, financing firm eHome Credit Corp. will move from the site and relocate in another property also owned by Treeline Cos.

The retailer inked a 12.5-year deal for space at 1 Old Country Rd. where the average rent is $26 per sf. The move is expected to take place sometime this fall and create 100 jobs. The deal also includes two five-year extensions. 1-800-Flowers.com will occupy the entire fifth floor and part of the third, first and lower garden level floors. The firm also plans to open a retail store in the building.

According to Treeline executives, 1-800 Flowers was “wooed” by competing offers from not only other Long Island building owners, but from government economic development officials in Virginia, Illinois, Ohio and California. “At the beginning, we had only 53,000 sf of class A space available in at the property,” explains Frances Schor, Treeline’s CEO. “We knew we needed to offer at least 90,000 sf.”