The property asset involved in the transaction is a 59,000-square-foot industrial building located at 120 E Industry Ct, Deer Park, NY, 11729. It is situated in the Deer Park market and encompasses a 2.9-acre lot. The building features an 18-foot clear ceiling height and is equipped with five loading docks. Previously, it was occupied by L&R Distributors, a cosmetics distributor based in Brooklyn, before they ceased operations on Long Island.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 120 E Industry Ct, Deer Park, NY, 11729
• Square Feet: 59,000
• Market: Deer Park
• Landlord: 990 Metropolitan Avenue LLC
• Tenant: Arma Container Corp.
• Landlord's Representative: Mario Asaro - Industry One Realty Corporation

Arma Container Corp., a custom packaging manufacturer, is leasing the property to expand its operations. The company already occupies another industrial building nearby at 65 North Industry Court. Mario Asaro of Industry One Realty Corporation represented both Arma and the landlord, 990 Metropolitan Avenue LLC, in this lease transaction.