News: Brokerage

GHP leases 31,616 s/f of office space at 145 Huguenot Street, New Rochelle; Includes a 14,018 s/f lease by Andrew and Laura Greenspan of GHP

GHP Office Realty, LLC has leased a total of 31,616 s/f at 145 Huguenot St. The new 10-year leases, consisting of 14,018 s/f with Monroe College and 8,857 s/f with The Medical Letter leave less than 3,000 s/f of available space at the 300,000 s/f building. GHP also renewed three leases for existing tenants. 145 Huguenot St. will be the new home for Monroe College administrative staff and the King Graduate School. Andrew Greenspan, principal of GHP and Laura Greenspan, director of leasing represented the owner. Marc Jerome, executive VP of Monroe College said, "We are excited to be in a professional building where we feel our programs will blossom. We look forward to growing our relationship with GHP." The Medical Letter, Inc., nonprofit organization that publishes appraisals of new drugs and reviews of older drugs, moved into the building in July. Medical Letter was represented by its president, Mark Abramowicz, MD. GHP was represented by Laura Greenspan. McGovern, Connelly and Davidson, renewed its 1,880 s/f lease for three years, ICD America renewed its 2,228 s/f lease for five years and McCabe, Weisberg & Conway, renewed and expanded their lease to 4,633 s/f for four years. "We are happy to continue to have velocity in the New Rochelle market. Our tenant base is strong and we work hard to maintain a well run building," said Greenspan. 145 Huguenot St. is conveniently located one block from the New Rochelle Metro-North commuter rail station and next to New-Roc Center in the New Rochelle Central Business district with immediate access to I-95. In recent years, it has undergone extensive renovations and upgrades including a new building lobby and common areas, new elevators, new boiler and cooling tower. GHP Office Realty is the office building division of Houlihan-Parnes Realtors, LLC which is presently one of the New York area's leading owners, operators and purchasers of suburban class A office space. In the past 10 years, GHP Office Realty has acquired, financed, redeveloped, leased and managed more than 7,000,000 square feet. Our current portfolio consists of 32 buildings totaling approximately 3,000,000 square feet. Regionally, the partners presently own and manage buildings in Westchester County, Fairfield County, Rockland County and in Bergen County and Princeton, New Jersey.
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