Rechler Equity Partners announced that it has arranged a long-term lease expansion and relocation for Design Works Crafts, which relocated from 24,000 s/f at the firm’s 170 Wilbur Place to 25,000 s/f at Rechler’s 70 Orville Drive in Bohemia, NY.
The announcement was made by company partners Mitchell and Gregg Rechler.
Ted Trias, director of leasing and acquisitions at Rechler Equity Partners, represented bothparties in the transaction.
Design Works Crafts has been in business for more than 25 years as a manufacturer of needlework, stamped linens and other fine craft products. “For the last 20 years, we have enjoyed a strong working relationship with Design Works Crafts. With the help of the Town of Islip IDA, we have solidified this successful association for at least another decade,” said Trias.
“This transaction once again demonstrates who we are as operators and why tenants like Design Works Crafts enjoy and benefit from long-time relationships with Rechler Equity Partners.”
After the acquisition of a competitor in Massachusetts, Design Works Crafts considered moving out of state to their facility.
Company president Susan Knopp said, “The Town of Islip IDA as well as the folks at Rechler worked with us to remain in Bohemia.”
