Trading meters for fixtures

As Seen in Long Island Business News March 10, 2006 by DAWN WOTAPKA HARDESTY

The former A.W. Sperry Industries Inc. plant in Hauppauge is getting a second act.

Premier Store Fixtures – whose clients include American Eagle Outfitters, Nike Inc. and Bank of America – took 37,275 square feet at 245 Marcus Ave. in Hauppauge.

Extensive renovations are under way.

Premier Store Fixtures owner Nelson Goodman paid $3.25 million for the building on 2.5 acres. The company, which also has its 55,000-square-foot headquarters on Emjay Boulevard in Brentwood, purchased the facility from J&L Realty, owned by former Sperry principals.

Sperry vacated the site in June after being acquired in late 2004 by Milwaukee-based Actuant Corp.

“It was a great building, great location, one of the last of the larger buildings that were on the market,” said Sutton & Edwards Inc./TCN Worldwide senior director Jeffrey Schwartzberg, who represented the property owner.

Richie Cohen of Ashlind Properties represented Premier Store Fixtures and sold them the Emjay Boulevard site a few years ago, he said.

“They’re growing by leaps and bounds,” Cohen said. “Everything they touch is top notch.”

In a separate deal, Cohen helped International Warehousing Solutions, a public warehouse operator, lease 23,000 square feet at 20 Melville Park Road in Melville for seven years.

The 67,000-square-foot building’s lower office section was leased by G3 Worldwide Inc., a consortium of international postal services, which took 44,000 square feet, according to Cohen.

Rechler Equity Partners is the landlord.

Tags: