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PRESS RELEASE: Long-Term Tenant BBB Industries Inks New 34,417-SF Lease at Rechler Equity-Owned 1101 Lakeland Avenue in Bohemia, NY

PLAINVIEW, NY –  BBB Industries has committed to 34,417 square feet of space at Rechler Equity Partners’ 1101 Lakeland Avenue in Bohemia, NY. The premium supplier in the automotive industry is consolidating its current location at 42 Windsor Avenue in Central Islip, NY into the new facility at Lakeland Avenue. The anticipated move-in date is December 1, 2013. The announcement was made by company partners Gregg and Mitchell Rechler.

“We are proud to continue our longstanding relationship with BBB Industries, which has spanned more than two decades,” said Ted Trias, Director of Acquisitions & Leasing, who represented the ownership of the property in the negotiations. “Although the company was consolidating its operations, we were able to provide them with space that was perfectly suited to their needs and continue what has been a long and mutually beneficial relationship.” 

“Our deeply held values and half-century reputation for uncompromising integrity – re-affirmed in every new relationship and transaction – have enabled us to build and maintain an environment of mutual trust and respect with tenants, lenders, vendors, civic groups and municipalities,” added Gregg Rechler. 

1101 Lakeland Avenue is located within Rechler’s award-winning Airport International Plaza, which represents a unique vision that intricately unites the disciplines of development, construction, space planning and management – providing a flexible solution for companies that require more warehouse, office or R&D space. AIP’s superior solutions extend beyond the scope of most industrial space available on Long Island.

TAGS: Brokerage