Rechler Equity Partners announced that it has negotiated a long-term lease expansion of 11,258 s/f for Gemini Fund Services at its 80 Arkay Drive in Hauppauge, NY.
This lease brings the company’s total presence at the office complex to 39,156 s/f.
The announcement was made by company partners Mitchell and Gregg Rechler. Ted Trias, Director of Leasing and Acquisition at Rechler Equity Partners, represented ownership in the lease negotiations.
Gemini will use the expanded space at 80 Arkay Drive for administrative offices.
“Rechler Equity Partners’ ability to meet the expansion needs of its existing tenants is testimony to our strength as an operator and the reason our portfolio continuously enjoys such a high retention rate,” said Trias.
The 202,894 s/f Class A office complex at 80 Arkay Drive offers amenities such as high speed internet, onsite café, a health club, back-up generator.