Rechler Equity Partners has completed three lease transactions totaling 55,185 square feet at its assets in Bohemia and Hauppauge, NY.
Harry Stavro, Rechler’s Director of Leasing, represented ownership in the three transactions.
Global Payment Technologies, Inc. consolidated its operations to 10,000 s/f at Rechler’s 170 Wilbur Place in Bohemia. The long-time tenant of Rechler Equity Partners produces and distributes mechanisms and parts for Automatic Vending Machines, and was looking to stay within the Rechler portfolio.
Bradley Marketing Group has relocated and consolidated from 135 Fell Court in Hauppauge to 15,000s/f at Rechler Equity Partners’ 170 Wilbur Place, which became available after the consolidation of Global Payment Technologies.
Bradley specializes in websites and promotional products, full-color printing, warehousing and creative design. The transaction was negotiated on behalf of the tenant by Ashlind Properties’ Richard Cohen.
Vicon Industries, Inc., a designer, manufacturer and marketer of video systems and components used for security, surveillance and safety purposes, signed a new lease for the full-building, 30,185 s/f space vacated by Bradley Marketing Group at 135 Fell Court.
Vicon will use the space for ancillary and office purposes. The 50-year-old company now has headquarters both at Rechler’s 135 Fell Court and in the United Kingdom. Jack O’Connor and Robert Polito of Newmark Grubb Knight Frank represented the tenant.