By: David Winzelberg
Cadogan Tate, a London-based fine arts storage company has leased 29,000 square feet at 260 Spagnoli Road in Melville.
The one-story, 35,000-square-foot Melville property is currently under construction by owner Gold Realty NY. The new building will have 36-foot-high ceilings, with loading docks and drive-in doors and some mezzanine office space. Cadogan Tate will use its part of the building for storage of fine arts and furniture, while Gold Realty NY will occupy the remaining 6,000 square feet.
Cadogan Tate is an international art storage and shipping service provider, with locations in London, Paris, Mouans Sartoux, France and Los Angeles. The company operates 67,400-square-foot location in Greenpoint and also has locations in Long Island City and Astoria. Its services include secure, temperature controlled storage for fine art; local, national and international transport; and inventory tracking.
Grant Dolgin of Kalmon Dolgin Affiliates represented the tenant, while Jeffrey Schwartzberg and Jason Miller of Premier Commercial Real Estate represented owner Gold Realty NY in the lease transaction.
“Cadogan Tate will be moving into a brand-new building on Long Island that is built-to-suit for its art storage needs,” Dolgin said in a written statement. “The company was able to get a similar amount of square footage as its city locations for a lower price per square foot. Plus, it allows Cadogan Tate to break into the Long Island market.