Rechler Equity Partners has topping off of the newest building at its Hampton Business District (HBD).
215 Roger’s Way represents a $10.8 million investment and is the third of nine planned buildings for the industrial park.
“Today marks another significant milestone for the Hampton Business District, as its expansion continues to provide East End businesses with the space they need to flourish,” said Mitchell Rechler, co-managing partner of Rechler Equity Partners, who was joined at the topping out ceremony by Southampton Town Supervisor Jay Schneiderman and other guests.
“When the plans for the business park were first being developed, our goal was to create spaces that could accommodate the needs of a litany of different industries and companies of varying sizes. We are thrilled about the increasing demand for available space at the HBD and know the smaller unit offerings being made available at 215 Roger’s Way will be a major boon to the East End’s small-business sector.”
Unlike the two other completed buildings, the 66,000 s/f 215 Roger’s Way will offer unit sizes catering to small-sized businesses that require less space than a typical industrial tenant. The new building will feature 13 units ranging in sizes from 2,000 s/f and up to 6,500 s/f.
A smaller-sized unit does not mean the tenant will have less access to amenities for industrial businesses. 215 Roger’s Way will offer pre-built, ready-to-move-in units that feature 15 to 20 percent office space, 18-foot ceilings, LED lighting, private loading docks with 10 by 12 ft. overhead doors and sewer connectivity.
“215’s micro industrial unit offerings are fulfilling a long-time need for the smaller East End businesses who needed everything larger industrial tenants need minus the physical space,” said Gregg Rechler, co-managing partner of Rechler Equity Partners.
“As our grandfather did back in the 1950’s with the Hauppauge Industrial Park and business moving from west to east, we are very proud to be charting the newest frontier for Long Island’s economy in Westhampton and providing local businesses of all sizes the infrastructure they need to succeed.”
The topping off celebration also served as an opportunity for Rechler to announce a new anchor tenant filling 215’s dedicated 30,000 s/f of office space.
ADS Management, a 4th generation, family owned and operated company that provides a year round supply of fresh produce up and down the east coast, will occupy 30,000 s/f asits new headquarters.
The Hampton Business District is already the home to businesses such as Tate’s Bake Shop, A/C Electric, Carrier Enterprises and the Westhampton Beach Brewing Company.