i.park Lake Success

In December 1999 National RE/sources, in partnership with Apollo Real Estate Advisors, acquired a 95-acre, 1.4 million square foot property in Lake Success, Long Island from Lockheed Martin.

In the 1940s the property was home to Sperry Gyroscope and later the first headquarters of the brand new United Nations. Over the next 40 years the Lake Success property was headquarters to Unisys and its successor the Loral Corporation and Lockheed Martin as a manufacturing facility for the defense contracting industry.

National RE/sources successfully navigated a complex array of approval and entitlement hurdles through two municipalities to realize the site’s potential as i.park Lake Success.

A $100 million capital improvement program created a revitalized, modern, state-of-the-art, multi-tenant business campus for office, back office, flex space, laboratory and ancillary retail.

The project became home to AXA, Allstate, The New York Times, Long Island Jewish Hospital, an LA Fitness health club facility, and several other credit tenants.

In April 2006 National RE/sources conveyed its interest in the Lake Success property to Apollo. National RE/sources references with pride its role in developing i.park Lake Success.

i.park Lake Success Amenities:

Landscaped campus with ample parking
on 94 acres
95,000 sf LA Fitness Health Club with
swimming pool, racquet ball, aerobics,
basketball, free weights, cardio equipment
and kids club
Food court and café