Schwartz of GHP reps Westchester Bank in 10-year lease at Arcadian Shopping Center in Ossining

November 19, 2019 - Front Section

Ossining, NY GHP Office Realty, LLC, an affiliate of Houlihan-Parnes Realtors, LLC, has represented The Westchester Bank in a 10-year lease for 2,070 s/f storefront bank branch located in the 137,000 s/f Arcadian Shopping Center, 240 South Highland Ave. The shopping center is located on the border of Briarcliff Manor and Ossining off of South Highland Ave. and the signalized intersection of Rte. 9 and Rockledge Ave. 

Jamie Schwartz, executive vice president of GHP, represented the bank. 

Schwartz said, “We are pleased that were able to procure and negotiate The Westchester Bank’s seventh bank branch in Westchester County.  The Arcadian Shopping Center’ s location and  tenant mix, anchored by a Super Stop & Shop, as well as tenants such as Chase Bank, M&T Bank, McDonald’s, Sprint, Autozone and Starbucks, is a good fit for the Bank’s strategic branch expansion plan.”  

John Tolomer, CEO and president of The Westchester Bank said, “As one of top 100 Best Performing Community Banks in America, we wanted to continue to have a convenient location for our customers as they have become accustomed to the bank’s high quality personal customer service.”  

Tolomer said, “The bank currently has assets in excess of $935 million. It also received the industry’s highest performance rating, a Bauer Five-Star Rating, a national recognition reflecting financial strength, stability and overall performance excellence and has now earned this acclaim for a record 4th consecutive year.  We are also very proud to be named a 2019 Best Banks To Work For in the United States and one of the Best Companies To Work For in New York state.” 

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