Faros arranges 6,254 s/f lease for VARTA Microbattery

Faros Properties, LLC, arranged a 6,254 s/f lease for VARTA Microbattery, Inc. at the International Corp. Center at Rye, 555 Theodore Fremd Ave. "The International Corp. Center at Rye is pleased to welcome VARTA Microbattery to our newly designed property, which is the most cost effective Class A building in Westchester with proximity to the train," said Alexander Leventhal, managing partner, Faros Properties. Managing Director's Greg Frisoli and Larry Ruggieri of Newmark Grubb Knight Frank represented the landlord in the negotiations. The tenant was represented by Ian Ceppos and Al Guiterrez of CBRE. "Working with the Faros Properties team allowed us to implement many creative design solutions to fit our vision of the space benefitting both VARTA and Faros," said William Flanagan, CEO and president of VARTA Microbattery. "Their close relationship with the city and local trades fast-tracked approvals on our very compressed schedule and they delivered on time. 555 Theodore Fremd is an outstanding property and representative of VARTA Microbattey's market position as a technology innovator and leader."