Mar 26, 2019

Smith, Gambrell & Russell Represents The We’re Group in 130,000-Square-Foot Lease with Newsday Media Group on Long Island

OConnell_Metsch

ATLANTA (March 26, 2019) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce that the firm served as legal counsel to The We’re Group in its lease negotiations with Newsday Media Group for the Long Island newspaper’s new headquarters location on Long Island in New York. Leasing 130,000 square feet, Newsday has signed a 15-year lease for office space in The We’re Group’s 6 and 8 Corporate Center Drive buildings located in Melville, New York.

With 20 properties located on Long Island, The We’re Group has an extensive portfolio of medical and office buildings, including 6 and 8 Corporate Center Drive in the Melville area along Route 110. The We’re Group was the original developer of the area and is Long Island’s largest and oldest active private developer and owner of buildings. Both 6 and 8 Corporate Center Drive were among several buildings developed by The We’re Group to address the demand from companies seeking to brand their own 80,000 to 150,000 square-foot buildings. The We’re Group has built more than 3.5 million square feet, including 2.3 million of office space, along the Route 110 corridor which has become a major center of commercial property.

Newsday, Long Island’s largest print and digital content provider, was seeking a state-of-the-art location for its new headquarters which would allow the publication to remain within the region it serves. Connected by an inside walkway, The We’re Group’s Corporate Center Drive two-building complex provides an accessible headquarters campus tailored to Newsday’s needs. Newsday will leave its longtime offices in nearby Melville with plans to occupy its new space in September.

Tony Fromer and Hal Rechler led the effort on behalf of The We’re Group.  The SGR legal team included Partner and Real Estate Practice Department Head, Stephen O’Connell, along with Victor Metsch, Counsel in the New York office.

About The We’re Group
For more than 50 years and three generations of family ownership, The We’re Group has created more than 10,000,000 square feet of new construction, including build-to-suit properties for major clients such as Citigroup, Chase, Northrop Grumman and NEC. The We’re Group partners, with combined real estate experience of more than 200 years, direct the operations of a full-service organization. They design, build, own, manage and operate integrated business communities and also provide design/build services for others, often to meed demanding specialized requirements. To learn more, please visit www.were.com. 

About Smith, Gambrell & Russell, LLP
SGR is a full service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s 250 attorneys provide legal counsel in more than 45 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, real estate, construction, employment law, and employee benefits and executive compensation. Founded in 1893, SGR has offices in Atlanta, Austin, Jacksonville, London, Los Angeles, Miami, Munich, New York, Southampton, and Washington, D.C.