Peloton Rides into Warehouse Space in Milvado Portfolio
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Indoor cycling pioneer Peloton has signed a lease to be closer to its Long Island-based members, opting for 13,800 square feet of warehouse space at Milvado Property Group’s 99 Lafayette Ave. in Syosset, NY. Peloton was represented by Paul Leone of CBRE, and Milvado was represented in-house by David Hercman.
Citing “an exponential increase” in Peloton members across Nassau and Suffolk counties, Peloton VP Jamie Beck said the 99 Lafayette space would “help us successfully support the increased delivery needs in this vicinity, further enabling us to meet the high quality and customer service standards of Peloton that our members expect.”
Situated on 11 acres, 99 Lafayette is a 220,000-square-foot, multi-tenant industrial and office building. It features ceiling heights up to 24 feet.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).