Name Change Follows String of Leasing Successes, Capital Improvements Throughout the Portfolio Implemented by New Management Team
Syosset-based Long Island Industrial, a leading owner and manager of industrial, office, mixed-use, and R&D properties in Nassau and Suffolk counties, today announced it has rebranded as Milvado Property Group. As part of this rebranding effort, the company has launched a new website and introduced a new corporate identity.
The rebranding coincides with positive changes already underway under a new management team, concurrent with an ownership structure change. These include a string of leasing successes and capital improvements throughout the company’s 3.6-million-square-foot, 38-building portfolio.
In the last 18 months, new tenants have leased over 400,000 square feet throughout Milvado’s portfolio. Over that same time period, renewals and expansions accounted for nearly 900,000 square feet of lease signings.
New management, in place since mid-2016 and now operating under the Milvado Property Group name, has invested over $14 million in capital infrastructure and tenant improvement projects.
“We adopted the name Milvado, which signifies being in a league of one’s own, to communicate our company-wide, singular goal: to provide an unparalleled level of services to industrial tenants on Long Island,” said Gus Gollisz, Director of Asset Management at Milvado Property Group. “Whether large or small, companies seeking a space on Long Island will find a dynamic forward-thinking partner in Milvado, whose management team has unparalleled market knowledge and is here to help our current and potential tenants every step of the way.”
“The size and diversity of Milvado’s portfolio means that we offer tenants an array of options to meet all of their commercial real estate needs, whether that’s logistics, R&D, retail, office, or a combination of those,” Gollisz added. “As a result, our team has built strong tenant relationships with many Long Island businesses that in turn work with some of the largest companies in the world.”
Equally important, Milvado’s portfolio is strategically located adjacent to a vast network of roadways, including the Long Island Expressway, Northern State and Wantagh Parkways, the Southern State Parkway, and Routes 135, 106 and 107, with close proximity to the Long Island Railroad.
To learn more about Milvado Property Group and available leasing opportunities please contact JoAnn Stock, Director of Leasing, at Milvado.com.
About Milvado Property Group
Syosset-based Milvado Property Group is a leading owner and manager of industrial, office, mixed-use, and R&D properties in Nassau and Suffolk counties. The company’s portfolio spans 3.6 million square feet across 38 buildings. Top businesses on Long Island, regardless of size or stage of growth, have come to count on Milvado for their commercial real estate needs.
