Canon, Lend America Further HQ Moves on LI

MELVILLE, NY-Canon USA Inc. will soon file site plans with the Town of Huntington for a new 690,000-sf headquarters facility that will serve as the corporate headquarters for Canon Americas. Also, in order to accommodate its growth Lend America, has moved its headquarters to a new 60,000-sf facility here.

The new Canon Americas headquarters will be built on a 52-acre site here, and will attain at least a Silver LEED status. “This is an exciting milestone in our efforts to build a state-of-the-art headquarters facility that will serve as a model of an environmentally responsible development project, and will enable us to expand our operations,” says Joe Adachi, president and CEO of Canon USA, in a prepared statement.

As GlobeSt.com previously reported, there was talk that Canon would leave Long Island, but in 2007, the company finalized the land purchase, nicknamed the Pumpkin Farm, from the Tilles Cos., a local developer, for construction of the campus. The purchase price for the South Service Rd. and Walt Whitman Rd. parcel off Exit 49 of the L.I.E. was technically around $74.5 million, but an additional $28.5 million was paid to Holliday Organization, according to published reports. Holliday was slated to acquire the Pumpkin Farm parcel from Tilles, and was then going to flip it to Canon once the camera company had interest in the site. Tilles almost cancelled the sale, but Suffolk County executive Steve Levy ironed out a three-way sale for a total purchase price of about $103 million.