THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

Distributor Expands with Huntington Lease
https://libn.com/2023/02/01/distributor-expands-with-huntington-lease/

Metro Commodities, a re-packer and distributor of dry edible beans and grains, is expanding. 

The company leased 56,972 square feet of industrial space at 1 Arnold Drive in Huntington. 

Metro Commodities has been operating out of another location on South Broadway in Hicksville but will be relocating to the larger Huntington space later this year. 

The company was founded in 2010, though its owners have been in the rice-and-bean business since the 1960s. Metro’s main clients are supermarkets, food distributors and food manufacturers. 

The multi-tenant industrial property at 1 Arnold Drive is 125,900 square feet on 8.43 acres. It is one of two Long Island industrial properties recently acquired by Astoria-based Criterion Group, the other is a 63,677-square-foot building at 365 Bay Shore Road in Deer Park that was leased to Empire Auto Group in Oct. 2022. 

James Parnes of Schacker Realty represented the tenant, while Kyle Burkhardt, Joshua Cohen and Patrick Ciancimino of Cushman & Wakefield represented landlord Criterion Group LLC in the Huntington lease transaction.