Development to Begin on 119,000 Square Feet in Islip's Foreign Trade Zone

Rechler Equity Partners, Long Island’s largest owner and operator of commercial properties, plans to develop three parcels of land within the Islip Foreign Trade Zone (FTZ) with a combined 119,000 square feet of individual/flex space.

“With assistance from the Town of Islip and the Islip Foreign Trade Zone, we will be able to create something truly exceptional – three significant properties that will create local jobs and provide tenants with solutions for their businesses,” said Gregg Rechler, co-managing partner of Rechler Equity Partners.

The new editions will include a 54,000 square foot property on Trade Zone Drive, and two buildings, comprising 24,000 square feet and 41,000 square feet on Roebling Court, all built-to-suit.

“We are very fortunate to have the opportunity to work with the Rechler Equity Partners,” said Islip Town Supervisor Thomas Croci. “Rechler’s cast knowledge and expertise in the industry will no doubt help to attract companies to the Foreign Trade Zone, which will, in turn, create jobs locally, a top priority in this administration.”

Established in 1982, the Foreign Trade Zone, which is located adjacent to Long Island MacArthur Airport, was created to promote and encourage international trade and to provide local businesses with the opportunity to reduce costs and compete in the international marketplace. The FTZ offers 435,000 square feet of prime warehouse and office space on 52 acres of land.