Net flix dvd rental
Rechler signs over 500,000 s/f of leases on LI
Rechler Equity Partners announced the completion of 20 industrial lease transactions in just the first half of 2004, comprising more than 500,000 square feet of space within its 5.9-million-square-foot industrial portfolio situated throughout Long Island.
The announcement was made by Mitchell Rechler of Rechler Equity Partners.
Most notable among the transactions was the 128,000-square-foot lease commitment signed by Medical Depot, an international distributor of medical equipment, at 250 Kennedy Drive, a one-story industrial facility located in Hauppauge, NY. The company was able to consolidate three facilities it occupied throughout the market into the new space. Ted Trias of Sutton & Edwards represented Medical Depot in the lease negotiations.
BP Gourmet, a manufacturer of low-carb cookies, leased 32,500 square feet of manufacturing and distribution space at 135 Ricefield Lane, a one-story R&D property in Hauppauge, NY. BP Gourmet relocated its headquarters and more than doubled its presence in the area. Rich Cohen of Ashlind Properties negotiated the transaction on behalf of BR Gourmet.
In addition, Net-Flix, the hottest name in DVD rentals, leased 23,162 square feet of space formerly housing DHL at 10 Hub Drive, a single story, multi-tenanted