News: Brokerage

Berfas and Walsh of Newmark lease 9,409 s/f to SightMD at One Executive Blvd.

Yonkers, NY In its first medical lease since acquiring the property, Simone Development Companies said that SightMD, an integrated ophthalmic provider group, leased 9,409 s/f at One Executive Blvd.

SightMD was represented by Scott Berfas and Glenn Walsh of Newmark. Simone Development’s leasing and legal teams handled the transaction in-house.

SightMD offers patients access to over 80 eye care providers through the convenience of 40 locations throughout Nassau and Suffolk Counties, Manhattan, Queens, and Westchester. Its services include general eye exams, laser cataract surgery and lens implantation, glaucoma management, retinal disorder treatment, corneal services, neuro-ophthalmology, LASIK laser vision correction, oculoplastic surgery, pediatric ophthalmology, and audiology.

“We are thrilled to welcome SightMD to One Executive Blvd. The property’s central location, generous parking, and the opportunity to create customized build-outs makes this an ideal site for medical tenants looking to offer cutting-edge healthcare,” said Joe Simone, president of Simone Development Companies.

Located in the North Yonkers “Medical Mile,” One Executive Blvd. is a 133,768 s/f, four-story office building undergoing renovations to be repurposed as a medical building. The property is within ¼ mile of 879,426 s/f of existing medical office space. Located at the intersection of Executive Blvd. and North Bdwy., One Executive Blvd. offers visibility and accessibility to major highways and mass transit with parking.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of