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RONKONKOMA, NY-Package All Corp., a distributor of rigid packaging, has taken a five-year direct lease of 98,000 square feet at 2005 Orrville Dr. here, says Mitchell Rechler, managing partner at Rechler Equity Partners, in a release. The company had been a subtenant prior to converting to a direct lease, and will continue to house its Northeast distribution center here as the anchor tenant of the 130,000-square-foot industrial property.

A spokesman for Rechler Equity tells GlobeSt.com that the conversion to a direct lease encompasses the entire 98,000-square-foot space that Package All had subleased. The sublessor was Nature’s Bounty, a vitamin manufacturer whose parent company, NBTY, is headquartered up the street at 100 Orrville Dr., also a Rechler property. Package All serves the vitamin/nutraceutical industry, as well as the pharmaceutical and health & beauty sectors.

Harry Stavro and Robert Stein of Rechler Equity represented the ownership in lease negotiations. James Dunn of Atlantic Property Services Inc. acted on behalf of Package All.

Built in 2000, 2005 Orville is part of Rechler Equity’s 500,000-square-foot development on Orville Drive North. Asking rents here are $8.75 per square foot, according to the Rechler Equity website. The owner-developer recently announced third-quarter leasing across its six-million-square-foot portfolio of office and industrial properties totaled nearly 225,000 square feet. Locally, the biggest new lease was Yale Associates’ 23,328-square-foot commitment at 25 Orville Dr.

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