Ashlind Properties completes 8 transactions totaling 261,890 s/f

As Seen in New York Real Estate Journal March 18, 2008

Hauppauge, NY Ashlind Properties has completed 8 transactions totaling 261,890 s/f on Long Island.

Air Industries, a publicly traded company, doubling its Long Island footprint worked with Ashlind Properties to consummate a long-term sublease transaction for 81,000 s/f located at 110 Plant Ave., Hauppauge. (Rechler Equity owned building). The transaction involved a sublease from Huttig Building Products.

Ashlind Properties negotiated a three year lease extension for 54,890 s/f warehouse space for Display Presentation at 150 Engineers Rd., Hauppauge. (Rechler Equity owned building).

Ashlind Properties has completed a sales transaction for DiFazio Associates’ 20,000 s/f office/R&D facility located at 580 Old Willets Path, Hauppauge, to ASR Management & Technical Services. The facility will handle its growing Support Services throughout the world to Commercial Industry and Government Agencies.

Ashlind Properties negotiated a lease for 8,500 s/f located at 135 Fell Court, Hauppauge, for Source One Packaging, a rapidly growing company.

Ashlind Properties negotiated a lease for 30,000 s/f located at 35 Marcus Blvd., Hauppauge, for Display Presentation in its ever growing thirst for warehouse space.

In addition Ashlind Properties negotiated an additional 5,000 s/f rental for Corwood Labs at 35 Marcus Blvd.

Representing Gold Glass Group a manufacturer of automotive glass products Richard Cohen of Ashlind Properties consummated a lease for a new 45,000 s/f facility located at 545 Johnson Ave., Bohemia, N.Y. (Aerotech Industrial LLC property)

VAO Realty Inc. Investors also turned to Ashlind Properties for the sales transaction of its 17,500 s/f building at 75 Burt Dr., Deer Park, N.Y. to East Coast Orthotic & Prosthetic Corp.

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