Hampshire Companies Acquires 80000 SF Property At 260 Spur Dr S Bay Shore For $6.15M

The property involved in the transaction is an 80,000-square-foot industrial building located at 260 Spur Drive South in Bay Shore, NY, 11706. It was sold for $6,150,000. The property serves as the North American headquarters of Tensator, which provides electronic queuing solutions across various sectors, including retail and healthcare. The transaction took place in the Bay Shore market.

Summary of transaction details:

• Property Type: Industrial Building
• Transaction Amount: $6,150,000.00
• Address: 260 Spur Dr S, Bay Shore, NY, 11706
• Square Footage: 80,000
• Seller: FCA
• Buyer: Hampshire Companies
• Seller's Representative: Jason Miller - The Corcoran Group, Jeffrey Schwartzberg - Premier Commercial Real Estate

In this transaction, Kyle Burkhart of Cushman & Wakefield represented Tensator. Blumenfeld Development Group, in partnership with The Hampshire Companies, acquired the property and successfully negotiated a lease extension for Tensator. Bay Shore is located approximately 50 miles east of Manhattan.