Brokers overcome challenges to lease industrial space.A team of experienced brokers from Sutton & Edwards Inc./TCN Worldwide, Long Island's leading commercial real estate services firm, have secured a tenant for 82,000 square feet of space in two neighboring industrial buildings in the heart of the Hauppauge Industrial Park. The buildings were long vacant because of environmental problems. "We know how to handle challenging assignments," said Jeff Schwartzberg, Sutton & Edwards Senior Director, who along with Senior Executive Director Ted Trias leased the properties, 100 Oser Ave. and 110 Oser Ave., to USA Family Outlet Centers, a distributor of undergarments, on behalf of landlord, Anwar Chitayat. "This is a typical example of an environmentally challenged property whose bark was worse than its bite," Schwartzberg said, noting that he and Trias spent time learning about the property's issues from the landlord's environmental attorney, James Rigano of Certilman Balin Adler & Hyman LLP LLP - Lower Layer Protocol , of East Meadow East Meadow, uninc. residential and commercial city (1990 pop. 36,609), Nassau co., SE N.Y., on W Long Island. . "We really dug in deep to know what was going on in the property. We wanted to make it easy for people to understand what was going on. It was a perfectly safe property." The property is undergoing a managed cleanup that is being paid for by Chitayat. Chitayat, the former president and chief executive of Anorad Corp., which previously occupied the buildings, purchased the property in 1985 from Vanderbilt Associates. Anorad was sold to Rockwell Automation Rockwell Automation NYSE: ROK is an industrial automation company. Its products include Allen-Bradley controls and engineered services and Rockwell Software factory management software. The company headquarters are located in Milwaukee, Wisconsin. in 1998 and its operations were moved to Yaphank in 2002. From 1975 to 1985, the 100 Oser Avenue site was leased to Sands Textiles Finishers Inc., which used and disposed of tetrachloroethylene tetrachloroethylene /tet·ra·chlo·ro·eth·y·lene/ (tet?rah-klor?o-eth´i-len) a moderately toxic chlorinated hydrocarbon used as a dry-cleaning solvent and for other industrial uses. (PCE PCE pseudocholinesterase; see cholinesterase. erythromycin Apo-Erythro (CA), Apo-Erythro-EC, Diomycin (CA), E-Base, E-Mycin, Erybid (CA), Erymax (UK), Ery-Tab, Erythromid (CA), PCE (CA), Rommix (UK), Tiloryth (UK) ) at the site. PCE was used to dry clean textiles at the facility. PCE contamination was found at the site and in the surrounding area. The contamination, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. state Department of Environ' mental Conservation presents no danger to residents, because there are no private water supply wells in the area. Also, the DEC has said thatindoor air samples collected above the area of groundwater contamination do not indicate asoil vapor intrusion Vapor intrusion (VI) is a process by which chemicals in soil or groundwater migrate to indoor air above a contaminated site. VI is an emerging concept, the United States Environmental Protection Agency having only issued a draft guidance on the subject in 2002[1]. issue. Richard Cohen of Ashlind Properties represented the tenant. |
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