July 7, 2022 – Plainview, NY – Hunt Corporate Services, Inc. announced today that Tec5USA Inc. has leased 17,670 square feet at 120 Terminal Drive, Plainview, NY.  David G. Hunt of Hunt represented both the landlord, Anton Cerrone Associates, and Tec5USA in the transaction.

“This was an unusual transaction in that our firm exclusively represented both the tenant and landlord,” said Mr. Hunt. “A dual-agency agreement is required by New York State in cases like this, but both parties had a high level of trust, and the fit was a good one.”  He continued, “Tec5USA required a very high level of finish and parking for an industrial use, and 120 Terminal was perfect for such an installation.  The building, acquired by Anton Cerrone in 2021, has already undergone a complete demolition of the interior, and a reduced size to allow for additional parking.  The interior office and laboratory space is being completely built to suit for Tec5USA, and will be ready for occupancy later this year.”

Tec5USA is a leading designer and manufacturer of tailored inline process spectrometers across a wide spectrum of major industries and contract manufacturer for photonics devices in the life sciences, medical devices, and lab analyzer instrumentation space.

The building is part of an Anton-Cerrone Associates portfolio consisting of over 800,000 square feet of office and flex space throughout Nassau and Suffolk Counties. Hunt has represented Anton-Cerrone as their exclusive leasing agent for more than 40 years.

Hunt Corporate Services, Inc., in the role of a trusted advisor, represents clients exclusively for the acquisition or disposition of commercial real estate throughout the United States, primarily on Long Island, New York. The aggregate value of commercial and industrial properties leased or sold exceeds $2 billion. For further information, contact David Hunt at (516) 937-1000 or dhunt@huntcorp.com. Full information on the firm and its clients can be found at http://www.huntcorp.com.