X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONG ISLAND, NY-Aeroflex Inc., a technology company that focuses in the aerospace and defense markets, has leased an additional 21,247 sf in Plainview. The firm’s new lease, at 45 South Service Rd., will be located directly next door to its current headquarters at 35 South Service Rd. It leases 100,000 sf there.

Studley’s corporate managing director Erik Schmall represented Aeroflex in the deal. He tells GlobeSt.com that the firm is rapidly expanding due to the success of its business and several recent acquisitions of other companies.

Schmall admits it is rare for a company to locate in two neighboring buildings for one operation, but says landlord WK Equities, represented by Phil Wachtler, “really bent over backward for Aeroflex. It’s more of a partnership than a tenant-landlord relationship.”

The seven-year lease will give the company 14,000 sf it had been subleasing and 7,000 sf of new space.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.