Walsh and Ruggieri of NKF exclusively represent Ivy Realty for 79,301 s/f in leases at White Plains Plaza

January 08, 2019 - Front Section
Glenn Walsh,
NKF

 

Lawrence Ruggieri,
NKF

 

White Plains, NY Newmark Knight Frank (NKF) has closed leasing transactions at White Plains Plaza totaling 79,301 s/f. The owner, Ivy Realty, is represented exclusively by executive managing director Glenn Walsh and senior managing director Lawrence Ruggieri of NKF.

White Plains Plaza comprises two 15-story towers: One North Broadway and 445 Hamilton Ave. 

  • One North Broadway has landed new leases from Carl Zeiss (24,632 s/f), Crown Castle (10,983 s/f) and Langan Engineering (5,722 s/f), as well as renewals from Himmelfarb & Sher (5,070 s/f) and Riebling, Proto & Sachs (2,870 s/f). 
  • 445 Hamilton in turn saw new leases from Collado Engineering (4,860 s/f), Collins & Scoville Architecture (3,590 s/f) and EJ Electric (1,309 s/f), as well as a renewal of 16,828 s/f and an expansion of an additional 3,437 s/f from Stark Business Solutions. 

“The activity we’re seeing at White Plains Plaza is incredibly exciting,” said Anthony DiTommaso, Ivy Realty’s co-CEO. “The improvements to the buildings have really helped with the leasing.”

White Plains Plaza is near shopping and dining, and offers access to I-287 and the Bronx River Pwy., as well as provides a shuttle to the nearby Metro North station. Amenities include in-complex banking, restaurants, common areas, storage and parking.

“The buildings’ best-in-class facilities and robust amenities package make this property a great space to do business,” said Walsh. “The ease of access and centrality to White Plains’ commercial district combined with the kind of tenant-friendly approach that Ivy Realty brings are hard to beat in the market.” 

Ivy Realty purchased White Plains Plaza in 2015 and immediately began a $30-million revitalization of the complex, which is 95%complete.

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