JLL completes long-term lease for COVID-19 test processing lab at 711 Stewart Avenue in Garden City, New York
Pennsylvania testing firm expands to 25,795-square-feet in Long Island
NEW YORK, January 20, 2021 — JLL has completed a 25,795-square-foot lease at 711 Stewart Avenue in Garden City, NY, on behalf of ProPhase Diagnostics, Inc., a CLIA laboratory business that offers test processing services for COVID-19 and other respiratory pathogens. The tenant has signed a long-term lease with property owner Benedict Realty Group.
ProPhase Diagnostics, Inc. aims to process 50,000 tests per day at the new facility and will recruit and hire as many as 100 technical staff to operate the new lab.
Benedict Realty Group owns and manages a real estate portfolio of over 6,500 apartment units and 750,000 square feet of commercial space along the East Coast with a commercial leasing focus on health care tenants. At present, BRG’s health care tenants include, among many others, Northwell Health, Greenwich Hospital, Stamford Hospital and Rhode Island Hospital.
The property is ideally located directly next to the Roosevelt Field Mall off the Meadowbrook State Pkwy in close proximity to the Northern State Parkway and the Long Island Expressway, and offers convenient access to parking.
The tenant was represented by Max Omstrom, vice president with JLL. The owner was represented by Kyle Crennan and Joseph Lopresti, executive vice presidents, also with JLL.
“We are excited to add ProPhase Diagnostics as a tenant and to help mitigate the impact of the Covid-19 pandemic,” commented Scott Mittel, VP Commercial Leasing Strategy at BRG.
JLL is a leader in the New York tri-state commercial real estate market, with more than 2,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information visit jll.com.