Rechler Equity Partners announced that the first lease has been signed at The Hampton Business District, a multi-use business park and hotel in Westhampton Beach, NY.
AC Lighting & Electric Supply, a full-service commercial and residential electrical and lighting supply company, is expanding its operations to a sixth Long Island location in a 9,140 s/f space at 220 Roger’s Way, a 60,000 s/f showroom and distribution building within The Hampton Business District, a planned nine-building complex totaling 440,000 square feet that broke ground earlier this year.
The lease is one of two new locations on the East End planned by AC Lighting & Electric Supply.
The announcement was made by Rechler Equity Partners’ Mitchell and Gregg Rechler.
“We are very excited to celebrate this special leasing milestone at The Hampton Business District, a development that will fill the need for functional, high-quality multi-use space for tenants on the east end,” said Mitchell
Rechler.
Rechler Equity Partners Director of Acquisitions & Leasing Ted Trias negotiated the lease on behalf of the company, while Ted Stratigos, principal and managing director at Avison Young, represented the tenant.
The Hampton Business District combines traditional materials with modern forms, and will offer space starting at 1,333 s/f. When completed, it will feature nine buildings totaling 440,000 s/f.
