This is an important step for our merged practice based on a desire to provide the most efficient work environment for our growing staff. The quality of the office space together with the amenities available in the building made Five Orville the clear choice.
Melville, NY (PRWEB) February 24, 2009
Melville, NY -- Just nine months after completing construction of its ground-up, Class A office property at Five Orville Drive, Rechler Equity Partners, the largest owner of commercial real estate on Long Island, announced the signing of the last major tenant, heralding the building's 100 percent occupancy. Mitchell Rechler of Rechler Equity Partners made the announcement.
Since last April, Rechler Equity arranged several leases at the property, culminating in the latest commitment by the law firm of Dell, Little, Trovato & Vecere for 10,200 square feet of prime office space. Dell, Little, Trovato & Vecere was formed earlier this year with the merger of Agruso & Trovato, LLP and Dell, Little, LLP. The combined practice focuses primarily on workers' compensation, personal injury, social security disability and disability retirement cases. Currently occupying office space in Ronkonkoma and Uniondale totaling 8,000 square feet, the firm will be consolidating and expanding at Five Orville Drive.
"We are very pleased that we will soon be operating from such a magnificent office property as Five Orville Drive ," said George C. Trovato, Jr., partner, Dell, Little, Trovato & Vecere. "This is an important step for our merged practice based on a desire to provide the most efficient work environment for our growing staff. The quality of the office space together with the amenities available in the building made Five Orville the clear choice."
Located within Rechler Equity's award-winning Airport International Plaza complex, Five Orville Drive is a 44,000-square-foot, Class A office property offering convenient access to a number of major transportation arteries including the Long Island Expressway and is in close proximity to Islip's MacArthur Airport. Among its most noteworthy amenities, the property features two magnificent lobbies, high quality finishes, an on-site, full-service health club, ample parking, 24-hour card access, electronic perimeter security and state-of-the-art fiber optic installations.
"The results speak for themselves as the property attracted a number of top-tier tenants and we were able to reach full occupancy in record time," said Mr. Rechler. "This property is a perfect example of what can be achieved when a real estate developer with over 50 years experience builds a quality product in a market he understands so well."
In addition to Dell, Little, Trovato & Vecere, other major tenants having committed to the property over the past nine months include Hometown Insurance Agency and Sartorius.
"With a history as owners and developers on Long Island dating back more than five decades, we've always stayed ahead of the market by bringing a unique understanding of what tenants require when looking for quality corporate office space," concluded Mr. Rechler.
Harry Stavro of Rechler Equity Partners represented the ownership in the lease negotiations. Joseph A. Lagano, managing director, and Douglas A. Omstrom, senior director of Corporate National Realty acted on behalf of Dell, Little, Trovato & Vecere.
About Rechler Equity Partners
Developing Long Island for more than 50 years, Rechler Equity Partners is the largest owners of commercial real estate with a portfolio of assets totaling over six million square feet. Rechler Equity offers a wide range of services including leasing, property management, asset management, architecture, construction, environmental, finance and development. For more information please visit, http://www.rechlerequity.com