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Newmark Grubb Knight Frank (NGKF) has been appointed exclusive leasing agent for Hauppauge Office Park, a three-building, 278,000-square-foot, Class A office complex located at 878, 888 and 898 Veterans Memorial Highway in Hauppauge, N.Y. Owned by Hauppauge Office Park Associates LLC, whose principals are Fred Colin and Arnold Wolowitz, and managed by Manhasset, N.Y.-based Colin Development LLC, Hauppauge Office Park is conveniently located directly off the Long Island Expressway and Northern State Parkway.
Situated in a beautifully, landscaped campus-like setting, Hauppauge Office Park offers a state-of-the-art working environment with amenities that include on-site management, 24-7 security, café with indoor/outdoor seating, fully equipped fitness center with racquetball courts, conference center, and a full-service bank branch.
The NGKF team of Scott Berfas, Daniel Oliver and Jordan Oliver are spearheading the assignment on behalf of building ownership. Immediate availabilities include the entire 3rd floor at the 888 building, measuring 25,000 square feet, and up to 32,000 square feet of contiguous space can be arranged. The complex also has suites that can accommodate smaller requirements.
“We are excited to work with Colin Development on this prestigious assignment,” said Mr. Berfas, a managing director. “Hauppauge Office Park is one of the most desired business addresses in Suffolk County. It is important to emphasize that ownership is the original partnership that built the complex, which is a highly valuable attribute for companies looking for a stable landlord that is committed to offering tenants a first-class workplace.”
According to Colin Development COO Edward Glackin, “With the completion of 878 Veterans Memorial Highway this July, leased in its entirety to Allstate Insurance Company, significant expansion of parking, and complete renovation of the buildings’ common areas, the project has the look, feel and amenities of brand new, Class A office.”
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,000 professionals operate from more than 320 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.