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Hauppauge industrial property fetches $3.8M

Hauppauge industrial property fetches $3.8M

Hauppauge industrial property fetches $3.8M

An industrial/flex property in Hauppauge has bought for $3.8 million. 

Precision Label Corp. bought the 20,000-square-foot constructing on 2.01 acres at 5 Adams Ave. 

The constructing is at present occupied by a single tenant, JD Magnificence, makers of beauty and sweetness provides, together with a standard product referred to as Moist Brush.  

With the lease expiring in a number of years, the client might use the property for its label manufacturing operations sooner or later. 

See Also
Reuters

Dan Gazzola and Chuck Tabone of Newmark represented the client, in addition to the vendor, EP&M Enterprises LTD, within the gross sales transaction. 



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