NEW YORK—A local investor has picked up 155 Plant Ave. in Hauppauge, N.Y., a 20,000-sq.-ft. office building that was fully renovated in 2008. The property, acquired from The Hampshire Companies, is situated on approximately two acres and is located within the Hauppauge Business Park, a 1,400-acre, 15 million-sq.-ft. business park.
DY Realty Services LLC represented The Hampshire Companies in the transaction.
Located in close proximity to the Long Island Expressway and the Northern State Parkway, 155 Plant Ave. is currently fully leased to Siemens Real Estate, a division of Siemens Shared Services LLC.
“The building’s major renovations and upgrades along with its ideal location within the Hauppauge Business Park made this an attractive investment opportunity for the buyer,” said Igor Derbaremdiker, a senior investment manager for The Hampshire Companies.