Search
 

New Property Occupancy Rate Stands at 80%

WOODBURY, NY-An insurance firm takes 20,000 sf to become an anchor tenant at 40 Marcus Dr. here. The newly constructed site now has an 80% occupancy rate.

By Barbara Jarvie | Updated on April 13, 2006

WOODBURY, NY-Cook, Hall & Hyde has inked a deal for 20,000 sf of space at the newly constructed 40 Marcus Dr. here. The insurance and risk advisory firm becomes the third major tenant to commit to space in the past six months.

The firm joins FoodHandler, Inc. and the National Endowment for Multiple Sclerosis on the tenant roster at the 50,000-sf, three-story office. This deal brings the total occupancy at the property to 80%. Cook, Hall & Hyde will be relocating its operations, currently situated in East Hampton, to the Melville corporate corridor. Other details of the transaction were not released.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.