Milvado Property Group, one of Long Island, NY’s leading owner/managers of industrial spaces, announced today that Newsday has renewed its 38,600-square-foot lease at 360 Smith Street, where it has resided for 20 years,

“We are delighted to maintain our long standing relationship with Newsday,” said David Hercman, director of asset management for Milvado. “Newsday is an amazing tenant, its company is crucial for news delivery throughout Long Island, and we are pleased to be able to accommodate their residency for the future.”

Frank Pagano of Avison Young represented Newsday, while the landlord was represented in-house.

360 Smith Street is a 60,000-square-foot multi-tenanted property featuring ample parking, offering direct access to the Long Island expressway and Route 110 and multiple additional transportation routes.

About Milvado

Syosset, New York-based Milvado Property Group is a leading owner and manager of industrial, office, mixed-use and R&D properties in Nassau and Suffolk Counties, Long Island. Milvado’s portfolio spans 3.6 million square feet across 38 buildings tenanted by a wide variety of prestigious companies seeking Class A space in close proximity to New York City. www.milvado.com