Padgette Street LLC signs Salesmaster Assoc. to 25,000 s/f
Padgette Street LLC has signed a long term lease with Salesmaster Associates, Inc. of Deer Park, N.Y. at its new Westover Business Center.
Salesmaster Associates, founded in 1961, is a wholesale distributor of commercial floor covering products, installation supplies and carpet products serving the northeast. All of New England, plus New Jersey and eastern New York are served from five distribution centers located in Deer Park, N.Y., Albany, N.Y., Edison, N.J., Hartford, Conn. and Woburn. Salesmaster has steadily grown as the result of excellent service, strong customer commitment, and loyal vendor partnerships, to be one of the top performing commercial and installation supplies distributors in the country.
"This 25,000 s/f supercenter will help us better serve our customers because it will allow us to increase local inventory levels on all Salesmaster products," said president Steve Kurtz. Salesmaster expects to open the new supercenter to the public this month.
The new facility is part of a 72,000 s/f multi-tenant industrial project located at the Westover Airpark West. Despite a challenging economy, project developer Development Associates of Agawam is optimistic about the future of the project. "There are always companies that are doing well, growing and looking to get to the next level," explained Ken Vincunas owner of Development Associates. "Even during times like this, companies are looking for more space or better functioning space," said Vincunas. Development Associates expects to add perhaps six to eight smaller commercial/industrial tenants in units ranging from 4,000 s/f to be finished to suit.
NEREJ’s 2026 Mid Year Review Spotlight is underway. This special section will feature perspectives from across commercial real estate as firms reflect on the first half of the year and discuss the trends, challenges, and opportunities shaping the months ahead.
These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but
Southern New Hampshire’s industrial market has always punched above its weight. For decades, the region has attracted a mix of advanced manufacturing, beverage and food producers, logistics operators, and specialty
The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained
As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.