GHP leases a total of 27,236 s/f at the Red Oak Corporate Park

GHP Office Realty, LLC has leased 27,236 s/f of class A office space in the 150,000 s/f, two-building office campus known as the Red Oak Corporate Park. Baker Companies signed a long-term lease to occupy the three-story, 21,000 s/f building known as 1 West Red Oak Ln. Jim Houlihan and Andrew Greenspan, principals of GHP represented the owner. Bill Cuddy and Tim Donohue of CBRE represented the tenant. Perlmutter Properties and Benbrooke Realty signed a lease for 3,006 s/f on the first floor. David Perlmutter represented the tenant and Jamie Schwartz, executive VP of GHP, represented the owner. Stifel Nicolaus & Co. expanded its lease at 4 West Red Oak Ln. by 3,230 s/f and now occupies 11,616 s/f on the 1st floor. The owner was represented by Jamie Schwartz of GHP. Vision Financial renewed its lease on the 3rd floor. Schwartz represented the owner and Jack Pancaldo of All American Capital represented the tenant. Schwartz said, "We are happy to have this type of leasing velocity at the Red Oak Corporate Park in these interesting economic times. This validates our decision to proceed with a capital program which included a new water feature at the entrance to the park, new fiber optic infrastructure, updated landscaping, paving of the parking lots and roads, construction of a state of the art on-site gym and café and new wall coverings and carpeting throughout the common areas. Furthermore, the Red Oak Corporate Park's location on Westchester Ave. with its immediate access to I-287, I-684, the Hutchinson River Parkway and downtown White Plains makes it a compelling address for any business." GHP Office Realty was formed in 1999, and is headed by its principal owners Andrew Greenspan, James J. Houlihan, James G. Houlihan and Howard Parnes. The company is a leader in the commercial real estate market in the New York metropolitan area specializing in the acquisition, leasing and management of office, flex and industrial properties in the suburban markets of the tri-state area. The company currently owns and manages over 6 million square feet in 105 buildings.