Rechler Equity Partners is marketing the Hampton Business District in Westhampton Beach, a five-building, 385,000-square-foot industrial park, with bids expected to exceed $200 million. The nearly fully leased property, anchored by Amazon and Iron Mountain, has rents averaging 17.5% below market rates. JLL is handling the listing, and if sold at the projected price, it would break Long Island’s industrial sales record of $146 million. Recent industrial deals include Investcorp’s $95.8 million Suffolk County purchase and NorthBridge Partners’ $105.7 million Bay Shore acquisition.
Rechler Equity Partners
