News: Brokerage

Warshauer of FirstService Williams brokers 40,000 s/f lease in Long Island

FirstService Williams represented Aggreko in negotiating a 40,000 s/f lease at 115 Amfesco Dr. The Long Island transaction calls for 10,000 s/f of build-to-suit warehouse space and 30,000 s/f of yard space. Industrial developer Steel Equities is the landlord. Richard Warshauer, senior managing director, FirstService Williams, arranged the five-year lease, including a five-year renewal option. "Aggreko is a prominent international utility specialist with expansion needs, and for some time has been seeking a strategic location in Nassau County," said Warshauer. "The problem was that the type of space Aggreko required—warehouse with about three times the amount of yard area—basically doesn't exist. We had to find a developer that had the resources and imagination to think past the obvious. The Steel Equities site was the perfect solution."
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