Studley relocates Card Establishment

Real Estate Weekly, May 26, 1993

Card Establishment Services, Inc., a leading payments processor for the credit card industry, has signed a 10-year lease for 86,524 square feet of office space at 265 Broadhollow Road in Melville, New York. CES will occupy the entire third and fourth floors, and partial space on the lower level, first and second floors, representing over 65 percent of the building's total rentable space. Terms of the lease include a renewal option, signage, parking, security, and tenant construction costs.

George Martin, executive vice president, and Wayne LaGary, corporate managing director in the downtown New York office of Julien J. Studley, Inc., exclusively represented CES in the transaction.

The building is owned by Melville Industrial Associates, who represented themselves in the transaction.