Real Estate Weekly
Image default

Rechler Equity Partners Celebrates Top Brokers During Annual Award Ceremony

Rechler Equity Partners, the largest owner of commercial real estate on Long Island, recently hosted its annual award ceremony to honor the real estate brokers who helped sustain the company’s record occupancy rates throughout 2021. Rechler Equity welcomed the award winners to their headquarters in Plainview, NY to present them with their awards and congratulate them for their accomplishments. In total, the honorees accumulated more than 306,000 square feet in executed lease agreements in addition to the acquisition of 73 acres in Medford, NY.

“We rely on hardworking, experienced brokers to keep our business growing and improving each and every year,” said Gregg Rechler, co-managing partner of Rechler Equity Partners. “It’s our pleasure to recognize the broker community for their hard work and dedication to their craft.”

Included in Rechler Equity’s annual event were the Industrial Warehouse Deal of the Year, Office Deal of the Year, Acquisition Deal of the Year, Development Deal of the Year, Industrial Manufacturing Deal of the Year, Broker of the Year and Firm of the Year.

“Brokers play a key role in Long Island’s economy by securing tenants for commercial and industrial real estate space across the region,” said Mitchell Rechler, co-managing partner of Rechler Equity Partners. “Our buildings are designed specifically to fit the needs of businesses of all shapes and sizes from 2,000 square feet to over 200,000 square feet.”

Ted Stratigos earned both the Broker of the Year Award and the Acquisition Deal of the Year for the sale of 73 acres in Medford allowing for 845,000 SF for future development.

The Firm of the Year award was given to Cushman & Wakefield for their work in securing an 89,000-square-foot tenant at the Hamptons Business District in Westhampton Beach, NY. Cushman & Wakefield team members Frank Frizalone, Nick Gallipoli and Tom Deluca also took home the 2021 Development Deal Award for their teamwork in that lease.

Office Deal of the Year was given to both Newmark and Scott Berfas for their work that secured nearly 20,000 square feet of office space in two separate lease transactions at 80 Arkay Drive, Hauppauge, NY.

Tom DiMicelli from JLL took home the award for Industrial Manufacturing Deal of the year for the renewal and expansion of D-3, LLC of 123,376 square feet at 70 Maxess Road and 20 Melville Park Road, Melville, NY.

Finally, Alberto Fiorini of Alliance Real Estate Corp. received the Industrial Warehouse Deal of the Year for the renewal and expansion of   East/West Industries totaling 75,333 square feet at 2002 Orville Drive North, Ronkonkoma, NY.

Related posts

AI and cloud adoption propel data center demand to record levels for 2023


The Chainsmokers Are Partnering with Bjarke Ingels’ Building ‘The Smile’ to Give One Talented Artist a Free Apartment & Music Studio for An Entire Year in NYC


DeSimone continues global expansion with latest UK acquisition