Prominent industrial leases signed by Kalmon Dolgin Affiliates (KDA) are among the top industrial leases recognized by CoStar for the third quarter 2021. As big ticket items involving sizable investments, commercial property transactions often have a wider impact within the community. CoStar recognizes the largest leases completed each quarter and the dealmakers who made them happen in their respective markets.
Congrats to KDA brokers Jeffrey Unger, Fred Rufrano and Robert Klein.
Property: 57-46 Flushing Ave., Maspeth, NY
Broker: Jeff Unger represented both sides of the deal.
Space Leased: 115,000 SF
Deal Type: New Lease
Size: 588,390 SF
Tenant: Piece of Cake Moving & Storage
Deal Commentary: Piece of Cake Moving & Storage signed the largest industrial deal of the quarter on Long Island. The transportation and warehousing company agreed to occupy 115,000 square feet for a term of 10 years at this Maspeth location owned by The Chetrit Group, a privately held New York City real estate development firm. The moving company started in 2018 and has grown to operate a fleet of 50 trucks and more than 300 employees.
Property: 54-35 46th St., Maspeth, NY
Property: Fred Rufrano negotiated the deal.
Space Leased: 45,000 SF
Deal Type: New Lease
Size: 45,000 SF
Tenant: KP & PB
Deal Commentary: This firm, believed to be a supplier of paper, plastic and fabric bags for retailers, relocated to this industrial building in Maspeth from a nearby location at 5830 Grand Ave.
Location: 46-50 54th Ave., Flushing, NY
Broker: Robert Klein represented both sides of the deal.
Space Leased: 41,000 SF
Deal Type: Renewal
Size: 66,500 SF
Tenant: SDI
Deal Commentary: SDI, a supply chain management firm, signed a third quarter lease to relocate from Williamsburg to Maspeth in Queens. The company will use distribution and storage space as part of its business operation.