By: Kevin Oklobzija//October 6, 2023
By: Kevin Oklobzija//October 6, 2023//
After 17 years of a tenant-landlord relationship with Konar Properties, CooperVision now owns its global packaging and distribution center at Erie Station Business Park in Henrietta.
CooperVision, the world’s second-largest contact lens manufacturer, completed the purchase of 180 Thruway Park Dr. from Erie Station 241 LLC for $38,965,274. The deed was filed on Oct. 3 with the Monroe County Clerk’s Office.
The purchase is part of a strategic plan by CooperVision moving forward.
“After many years leasing with Konar Properties and continuously investing in the expansion and renovation of the facility to meet growing global demand for our contact lenses, it made sense to ultimately purchase both the building and property,” said Alex Wilkes, president, Americas, for CooperVision.
“With more than 1,200 local employees, we remain committed to our operations here in Rochester, and taking ownership is strategically and financially beneficial to CooperVision’s future in the region.”
CooperVision recently completed a 150,000-square-foot expansion that more than doubled the size of the facility. Along with additional space, the project provided for upgrades to technologies used for packaging, storage and order picking. The new facility received Silver LEED certification over the summer.
The transfer of ownership has been in the works since 2021, according to the Konar Properties newsletter Connection.
“Providing businesses with flexible lease and purchase options is essential to meeting their long-term needs,” the company publication said. “Companies change over time. Konar Properties works to anticipate those changes and help plan for the company’s continued success. CooperVision serves as a prime example.”
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