Kingsway America rents space in former Robert Plan building
Kingsway America, an auto insurer, has leased 50,000 square feet of office space at the former Robert Plan building in Bethpage that is now owned by Sterling Equities of Great Neck.
Kingsway America, based in Elk Grove, Ill., is an assigned-risk insurer that is part of Kingsway Financial Services Inc. of Mississauga, Ontario. It leased the space at what is now known as the Sterling Corporate Center at 999 Stewart Ave. and said it plans to use the space as a regional office.
The Bethpage building is the first that Sterling has put its name on in the region.
Kingsway last year acquired the assigned-risk business of Robert Plan Corp., which filed for Chapter 11 bankruptcy protection at the end of August. Robert Plan vacated the Bethpage building earlier this year.
The deal was negotiated by Wachtler Knopf Equities Llc, a property management and leasing company in Farmingdale.
Robert Rosenbluth of Real Estate Strategies Ltd. in Jericho represented Kingsway; Philip Wachtler represented the building's owner.