OTA Management, LLC signed a five-year lease renewal for 25,758 s/f at 1 Manhattanville Rd. in The Centre at Purchase, managed by George Comfort & Sons, Inc. Stephen Banker, managing principal, and Brian Carcaterra, managing director, both of Newmark Knight Frank (NKF), represented OTA Management.
Peter Duncan, president of George Comfort & Sons, represented the landlord, OCC Purchase LLC, which is a joint venture between George Comfort & Sons and O'Connor Capital Partners.
"We are pleased that OTA Management chose to remain at The Centre at Purchase for its unparalleled combination of space, amenities, and proximity to Westchester, Connecticut and the greater New York region," said Duncan.
The Centre at Purchase sits in a 43-acre office park with 650,000 s/f in four office buildings along Manhattanville Rd. The class A corporate campus has attracted tenants such as Smith Barney, Hitachi Metals, Central National Gottesman and Kobrand Corp. for its distinctive amenities and easy access to major highways and transportation centers.
Among the features of its private corporate setting are landscaped grounds, a cafe and picnic areas, conference facilities, covered parking and fitness center. The property was acquired by OCC Purchase LLC in 2007 and is currently undergoing a major capital improvement program that includes lobbies and entrance ways, elevators, common corridors, cafeterias, landscaping, parking facilities and building systems.
George Comfort & Sons is one of the New York metropolitan region's oldest, largest, and most reputable real estate firms. The company currently manages nine million s/f commercial property, 50% of which it owns, and holds assets of $1 billion in partnership with top global investors. Offering a full-spectrum of professional real estate services, including property management, leasing, construction and finance, the firm is headquartered in New York and has offices in Washington, D.C., Stamford, Conn., and Beverly Hills, Calif. Tags: