Ashlind Properties closes 291,000 s/f in leases to eight

As Seen in New York Real Estate Journal Monday, June 14, 1993

HAUPPAUGE, N.Y. – Ashlind Properties was responsible for closing over 291,000 s/f of Industrial real estate transactions during the winter of 1993. Ashlind Properties’ sole broker, Richard Cohen arranged the following transactions:

Ashlind brokered the sale of 50,000 s/f located on four acres at 45 Rabro Dr. to Spartan Display for Spartan’s use. The facility will be renovated and an additional 14,000 s/ will be built. Ashlind also
represented Letts of London, Ltd., the oldest diary manufacturer in the world in its move to 80,000 s/f at 60 Arkay Dr., Hauppauge.

In a separate move, Ashlind was responsible in leasing Lett’s of London, Ltd’s. former 2,000 s/f facility on Parkway Drive North to LNK International.

Representing the principal of F&H Manufacturing, Inc., he helped them to acquire the 20,000 s/f fu1ly air conditioned facility at 20 Newton Pl., Hauppauge.

The firm also represented Economy Fasteners. Inc. in it’s 8,400 s/f move to Hoffman Lane in Hauppauge.

Representing Creative Liquidators in its long term lease obligation at 900 Grand Blvd., Deer Park. Cohen helped to negotiate a 10 year lease for over 40,000 s/f to the freight handling firm.

Within the past few weeks, Ashlind Properties has signed a long term Lease wilh Coast to Coast Generics, Inc. for 30,000 s/f located at 280 Oser Ave., Hauppauge, N.Y., reflecting an expansion for the company.

Also, Ashlind Properties, as exclusive agent for Letts of London, Ltd., brokered a lease for the remaining 23,000 s/f located at 60 Arkay Dr.. Hauppauge, to Rusco Warehouse, Inc.

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