An international delivery company is moving its operations from Queens to a new home in Bethpage.<\/p>\n
Dubai-based Aramex, which ships packages across the globe, will relocate its industrial, storage and office space to 48,150 square feet at 999 South Oyster Bay Rd. in Bethpage this spring, said Justin Myers, an executive managing director and principal with the brokerage Lee & Associates NYC, who arranged the lease.<\/p>\n
The company was drawn to Long Island, he said, both because of the lower cost of operating in Nassau County compared to the city and because its new space was still within driving distance of John F. Kennedy International Airport.<\/p>\n
\u201cIt was a savings altogether in terms of the all-inclusive costs to them to operate,\u201d Myers said.<\/p>\n
Aramex will shrink its footprint in the move from around 60,000 square feet at 182-21 150th Ave. in Springfield Gardens in Queens, Myers said.<\/p>\n
The company\u2019s relocation comes amid high demand for industrial space in Nassau County, particularly for space with access to nearby airports, said Mario Asaro, president of the brokerage Industry One Realty, and the former downstate New York chapter president of the Society of Industrial Office Realtors.<\/p>\n
\u201cThere\u2019s significant demand around the airport for logistics, freight or service to the airport,\u201d Asaro said.<\/p>\n
The 999 South Oyster Bay Rd. building was once home to Grumman Corp., before it was redeveloped into a business park<\/a> by Steel Equities, Newsday reported.<\/p>\n In 2011, the Nassau County Industrial Development agency gave Steel Equities 40 years of tax breaks to redevelop<\/a> the site and surrounding buildings into the Bethpage Business Park, Newsday reported. The tax breaks are set to expire in 2052, according to the IDA\u2019s 2024 annual report.<\/p>\n The 999 South Oyster Bay Rd. building previously held Imperial Sales, a small wholesaler of brand-name appliances that struck a deal to\u00a0move<\/a>\u00a0to 135 Baylis Rd. in Melville two years ago.<\/p>\n It\u2019s unclear if Aramex plans to renovate the space. Representatives for Aramex and Steel Equities did not immediately respond to requests for comment.<\/p>\n There\u2019s high demand for industrial space in Nassau County, Ansaro said.<\/p>\n \u201cI don\u2019t see much vacancy,\u201d Ansaro said. \u201cThere\u2019s always been a scarcity in Nassau County of high-ceiling, warehouse buildings.\u201d<\/p>\n