LONG ISLAND, NY—Rechler Equity Partners has signed a 95,141 square-foot lease with Qosina Corp.—a global distributor of medical and cosmetic components—at 2002 Orville Dr. North in Bohemia. The announcement was made by company partners Mitchell and Gregg Rechler.
The new lease marks an expansion and relocation from 88,000 square feet at a property in Edgewood, NY; Qosina will use the space at 2002 Orville Dr. North for the warehousing and distribution of its products.
"2002 Orville Dr. North is a state-of-the-art facility with an efficient floor plan for both office and warehouse operations," says Stuart Herskovitz, president, Qosina Corp. "Qosina has been located in Suffolk County for 35 years and the Town of Islip for the past 23 years. Rechler Equity Partners was able to help us stay in the Town of Islip by finding the perfect space for the future needs of our company.”
Chuck Tabone of Newmark Grubb Knight Frank represented the tenant in the deal while Ted Trias, director of leasing and acquisitions at Rechler, negotiated on behalf of the landlord.
“We are extremely pleased to have been able to help Qosina Corp. remain in Suffolk County and expand their continued presence in the Town of Islip,” says Trias. “This lease highlights the continuing growth of the medical/pharmaceutical tenant base throughout our portfolio that is helping to drive leasing activity on Long Island.”
The 206,005 square-foot property offers convenient access to the Long Island Expressway, Veterans Memorial and Sunrise highways, and Long Island MacArthur Airport.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.
Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
