LSC Development acquired a 2.83 acre lot in Oceanside, NY with 2 existing buildings and parking. The combined square footage of the two
buildings is approx. 70,000 square feet. The building was occupied by Oceanside Institutional Industries, Inc., which conducted commercial
laundry services predominantly for health care industry. Both buildings were completely renovated. Exterior was painted and wrapped in metal
panels. New HVAC systems were installed along with new elevators and storefront. The surrounding truck and employee parking were converted
to 99 spaces of surface parking and have a local auto dealership renting 59 for new vehicle inventory. The property is managed by Extra Space.
