Real Estate News

Rechler Equity Partners Open Sales Office In Westhampton

Rechler Equity Partners, Long Island’s largest commercial real estate company, has opened its new sales office at The Hampton Business District at Gabreski, a world class business park under development by Rechler Equity Partners at Gabreski Airport in Westhampton Beach, New York.  The occasion was marked by a ribbon cutting ceremony attended by Rechler Equity managing partners Mitchell Rechler and Gregg Rechler as well as elected officials and government representatives from Suffolk County, Town of Southampton, Westhampton Beach, and the Greater Westhampton Chamber of Commerce.

“Opening an office at Gabreski is an important milestone in the development of The Hampton Business District,” observed Mitchell Rechler.  “We’ve begun actively marketing the park and are engaged in lease discussions with potential tenants.  We thank Suffolk County, Town of Southampton, Village of Westhampton Beach, and everyone in the local business community for their support of the project.  For many years, there was a dream to utilize this space and turn it into an economic powerhouse for the region.  Now that dream is becoming a reality and Rechler Equity is honored and excited to be making it happen.”

Awarded to Rechler Equity Partners by Suffolk County in 2009, the Hampton Business District at Gabreski will be the East End’s first world-class business park.  Comprised of nine buildings totaling 440,000 square feet, it will accommodate the needs of small and large businesses alike with available space ranging from 2,000 square feet up to 100,000 square feet.  The Hampton Business District will also feature an on-premises day care center, a full-service hotel, and outdoor recreational amenities.

Rechler Equity Partners has developed some of Long Island’s first, largest, and most ambitious business parks for over 50 years,” explained Gregg Rechler.  “We stand on an impressive record of accomplishment and are ready to surpass it at The Hampton Business District in terms of architectural innovation and sheer range of industries served.  When completed, this will be a state-of-the-art destination for any business looking to operate on the East End.

Because The Hampton Business District is zoned for general commercial use, it will welcome companies engaged in all types of commerce, from showroom and office to film production, warehousing, printing, and medical and culinary arts.   Additionally, Rechler Equity Partners will draw on its historical experience and knowledge of the sector to offer tenants the latest in sustainable design and green technology, producing a new approach to industrial architecture that will be unique to the Hamptons.  Development is expected to begin later this year.

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