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Penfield property will be new home of Durst Image Technology US
Penfield property will be new home of Durst Image Technology US
Durst Image Technology US, LLC has completed the purchase of a former athletic club in Penfield, enabling the firm to embark on a $7.74 million project to create a new company headquarters.
DGNA Real Estate Holdings NA paid $2.6 million for the 40,000-square-foot property at 667 Panorama Trail in Penfield, according to the deed recently filed with the Monroe County Clerk’s office.
Hanford Health LLC put the property on the market in the fall after owner Alan Hanford closed Penfield Sport and Fitness in November. Hanford operated the athletic club for 44 years.
A subsidiary of Durst Group AG of Italy, Durst Image Technology’s current location on Methodist Hill Drive in Henrietta is the home of the company’s U.S.-based operations. The Rochester area has been home to Durst’s U.S. division for 20 years.
Durst is a leading manufacturer of professional digital imaging systems with a specialty in inkjet technology. Recent growth, along with sales expectations, created the need for a new facility, according to filings with the County of Monroe Industrial Development Agency (COMIDA).
The Penfield property is about 2.5 times the size of Durst’s current facility. Approximately 15,000 square feet of the new building will be converted to office space, about 4,000 will be used as a training center, 6,000 square feet will become a warehouse, and the remaining 15,000 square feet will accommodate future needs.
“Moving to a larger facility will allow us to continue to grow our North America operations,” Timothy Saur, president of Durst Image Technology US wrote in the COMIDA filing.
The COMIDA board in October approved project incentives totaling just shy of $524,000, including $320,000 in a property tax PILOT agreement, $160,000 in sales tax exemptions and a $43,000 mortgage recording tax exemption.
Saur said construction should begin by May 1, and he’s hoping to move operations from Henrietta to Penfield by early in the first quarter of 2024.
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