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PRESS RELEASE: Oct. 16, 2018Contact: Connie Conway, (631) 702-1743
Southampton Town Supervisor Jay Schneiderman and other Town Board members joined Rechler Equity Partners to celebrate the “topping off” of the Hampton Business District’s (HBD) latest round of construction on the parks newest building, 215 Roger’s Way. The newest addition to the HBD represents a $10.8 million investment and is the third of nine planned buildings for the industrial park that has already proven to be an invaluable asset to East End businesses and its economy.
“Today marks another significant milestone for the Hampton Business District, as its expansion continues to provide East End businesses with the space they need to flourish,” said Mitchell Rechler, co-managing partner of Rechler Equity Partners.
“It is great to see the Hampton Business District continue to grow and strengthen the regional economy,” said Southampton Town Supervisor Jay Schneiderman. “The business district is home to many new and growing businesses and keeping the promise of local jobs is critical to our area.”
Today’s topping off celebration also served as an opportunity for Rechler Equity Partners to announce a new anchor tenant filling 215’s dedicated 30,000 square feet of office space. ADS Management—a 4th generation, family owned and operated company that provides a year round supply of fresh produce up and down the east coast—will occupy 30,000 square feet of the building’s more than 64,000 square feet to establish its new headquarters. Offering full service produce solutions, ADS Management operates six companies that provide fresh produce to major retailers, including 4,000 independent chain stores and plans to bring more than 100 jobs to the new location.
The Hampton Business District is the East End’s only Class-A industrial park and is already the home to businesses such as Tate’s Bake Shop, A/C Electric, Carrier Enterprises and the Westhampton Beach Brewing Company. Currently, the industrial park features two completed buildings—220 and 200 Roger’s Way—that collectively represent more than 120,000 square feet of warehouse, distribution, manufacturing and office space.