LEG signs 44,000 s/f lease with Reliable Sprinkler in Rockland County, NY

Strong interest in place for the remaining 66,000 s/f

Valley Cottage, NY — Lincoln Equities Group (LEG) announced it has signed a 44,000 s/f, long-term lease with Reliable Sprinkler, a national manufacturer and distributor of fire protection products that was looking to expand its local base.

Located at 625 Corporate Way in Valley Cottage, NY, the midsize, class A space provides Reliable Sprinkler with the opportunity to distribute all around the Tri-State area, with access to major ports, highways, airports and other infrastructure. Reliable Sprinkler will also operate a wholesale counter for direct-to-consumer sales. The deal was brokered on the landlord side by Newmark, while the tenant was represented by JLL .

“This lease shows the strong demand that exists for this type of industrial space in well-located and accessible markets,” said Lance Bergstein, CEO of LEG. “We are continuing to connect our tenants with facilities that allow them to efficiently streamline their operations, provide better service to their existing customer base, while also giving them a chance to grow.”

The lease leaves 66,000 s/f of space available at Lincoln Logistics Rockland, which is strategically located less than five miles from two major highways — I-287 and the Palisades Interstate Parkway—and within 45 miles of three major airports: LaGuardia, JFK International and Newark Liberty International, as well as the Port of Newark/Elizabeth. Delivered with capital partner PCCP, the property features built-to-suit office space, 36’ clear height ceilings, 34 dock doors and parking for 123 cars and 41 trailers.

“This was unquestionably a great fit for Reliable Sprinkler, as well as for LEG, who was looking to provide a space for a strong, credit-worthy user,” said Steven Beyda, executive managing director at Newmark. “The market is also receiving the remaining space well, demonstrating the pent-up demand for premium, mid-sized distribution spaces, especially in the New York/New Jersey region.”