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BDG Acquires Long Island Industrial Building, Resigns HQ Tenant

Blumenfeld Development Group continues to expand its industrial portfolio.

By John Jordan | Updated on March 20, 2018
260 Spur Drive Rd. Industrial property at 260 Spur Drive Road, Bay Shore, NY

BAY SHORE, NY—The Blumenfeld Development Group has acquired an 80,000-square-foot-industrial building here and has signed a lease extension with the property’s sole tenant.

The Syosset-NY-based real estate development firm purchased the property at 260 Spur Drive Road for $6.15 million. The company also reports it has signed a lease extension with Tensator, which operates its North American headquarters operations out of the Suffolk County property. The lease, which expired in February 2018,  was extended for 10 years.

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