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General News

Terra Medi, Importer of Greek Gourmet Products, Leases LIC Warehouse

July 29, 2024

NEW YORK – Terra Medi, an importer of Greek gourmet products, “signed a 10,000-square-foot lease at Schuman Properties’ 37-20 Skillman Avenue in Long Island City, Queens,” Commercial Observer reported on July 25.

“The company signed a seven-year lease with an asking rent of $30 per square foot for part of the Skillman Avenue warehouse, according to Pinnacle Realty of New York’s Brendan Burke, who brokered both sides of the deal along with Paul Bralower,” Commercial Observer reported, adding that Terra Medi “chose the warehouse because of its high ceilings and interior dock that could accommodate trailers, which is ‘a hard thing to find in this size range,’ Burke told Commercial Observer.”

“This vibrant location will undoubtedly serve as a cornerstone for future success,” Pinnacle wrote in a social media post announcing the lease, Commercial Observer reported.

A spokesperson for Terra Medi did not respond to a request for comment at press time while “Schuman declined to comment,” Commercial Observer reported, noting that “several other distribution businesses have recently moved to Long Island City.”

“Mitchell’s NY, a family-owned publication delivery business, moved to Time Equities’ 47-11 and 47-51 Austell Place near Skillman Avenue in 2014; and film and television prop rental company propNspoon headed to 32-00 Skillman Avenue in 2013,” Commercial Observer reported, adding that “others have hopped in on the industrial trend.”

“Innovo Property Group announced plans last year to develop a five-story warehouse and movie studio facility along the train yards in Long Island City, while Titan Contracting offloaded a warehouse at 42-11 Ninth Street to Terreno Realty for $23 million,” Commercial Observer reported.

In 2001, Greek Farms International created Terra Medi primarily because they craved the taste of the old country and wanted to recreate that heart-warming feeling that they so vividly remember, and share it with America.

Terra Medi is a unique brand of high quality authentic Greek gourmet products that are 100% natural, produced with the authentic traditional methods of an ancient heritage, and packaged according to today’s highest standards, as noted on the company’s website.

Terra Medi offers a selection of the finest Extra Virgin Greek olive oils, sesame oils, vinegars, and olives. All their products are 100% authentic Greek with no additives or preservatives.

More information is available online: https://terramedi.com.

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