Wednesday, June 12, 2024

Food distributor expanding with $9M Holtsville acquisition | Long Island Business News

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A distributor of groceries and specialty foods is expanding in Holtsville. 

Nassau Provisions Kosher Foods purchased the 50,000-square-foot warehouse on 3.01 acres at 885 Waverly Ave. for $9 million. 

The company plans on investing more than $900,000 to equip the new facility, according to its application with the Town of Brookhaven Industrial Development Agency, which is assisting the project with economic incentives, including exemptions for mortgage recording tax and sales tax and a 10-year payment-in-lieu-of-taxes agreement. Nassau Provisions expects to add 17 jobs within the first two years at its new facility. 

This is the second location in Holtsville for Nassau Provisions. In Jan. 2021, the company acquired a 125,000-square-foot industrial building on 10.8 acres at 700 Furrows Road for $16.25 million. The company had relocated from Freeport to the Furrows Road property, which was formerly owned and occupied by J. Kings Food Service. J. Kings was acquired by Sysco in 2019 and the company consolidated its Holtsville operations into Sysco’s 420,000-square-foot facility in Central Islip. 

The Furrows Road acquisition was also assisted with economic incentives from the Brookhaven IDA. 

Founded in 1984 by Scott Horowitz, Nassau Provisions started with one truck and about 15 customers. Today, the company services thousands of customers throughout the New York metropolitan area and beyond, employing more than 100 people. Nassau Provisions supplies groceries, frozen foods, dairy and meat products, kosher specialties and more to a client roster that includes supermarkets, restaurants, convenience stores and delis. 

Brandon Lichtenstein, Jason Maietta and Tommy Rosati of Colliers represented the buyer, as well as the seller, Double-G Properties LLC, in the Waverly Avenue sales transaction.  

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