- June 10, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Expansion of Nassau Provisions Kosher Foods in Holtsville
A distributor of groceries and specialty foods, Nassau Provisions Kosher Foods, is continuing its expansion in Holtsville with the purchase of a 50,000-square-foot warehouse on 3.01 acres at 885 Waverly Ave for $9 million. The company is planning to invest over $900,000 to equip the new facility, with assistance from the Town of Brookhaven Industrial Development Agency. This assistance includes exemptions for mortgage recording tax, sales tax, and a 10-year payment-in-lieu-of-taxes agreement. Additionally, Nassau Provisions anticipates adding 17 jobs within the first two years at the new facility.
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Moreover, this is the second location in Holtsville for Nassau Provisions. In January 2021, the company acquired a 125,000-square-foot industrial building on 10.8 acres at 700 Furrows Road for $16.25 million. The acquisition was also supported by economic incentives from the Brookhaven IDA. The company had previously relocated from Freeport to the Furrows Road property, which was formerly owned and occupied by J. Kings Food Service. J. Kings Food Service was acquired by Sysco in 2019, prompting the consolidation of its Holtsville operations into Sysco’s 420,000-square-foot facility in Central Islip.
Founded in 1984 by Scott Horowitz, Nassau Provisions began with one truck and around 15 customers. Today, the company services thousands of customers throughout the New York metropolitan area and beyond, employing more than 100 individuals. They supply groceries, frozen foods, dairy and meat products, kosher specialties, and more to various clients, including supermarkets, restaurants, convenience stores, and delis.
Brandon Lichtenstein, Jason Maietta, and Tommy Rosati of Colliers represented both the buyer and the seller, Double-G Properties LLC, in the Waverly Avenue sales transaction.
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