Overview
- Reports published Tuesday say the U.S. Department of Defense signed a 10-year lease for 23,600 square feet at 1 Old Country Road in Carle Place and will open a regional office there.
- The agency is expected to occupy the space in early 2027 following an extensive buildout to meet its operational requirements.
- The five-story, 320,000-square-foot building underwent about $22 million in repositioning that added a new façade, upgraded wiring and sprinkler systems, and a newly built parking deck with roughly 1,600 spaces.
- Landlord DBD Realty Group was represented by Kelly Koukou of Lee & Associates NYC and the tenant team was led by Ralph Guiffre, Vince Lamatta and Richard Freel of CBRE; the FAA already anchors the building under a 2023, 15-year lease for more than 74,000 square feet.
- Coverage includes unconfirmed reporting that the department is seeking congressional approval to rebrand as the “Department of War,” a claim not confirmed by departmental spokespeople or the firms involved, and the lease is being read as a sign of rising federal interest in modern suburban office assets.