News: Brokerage

GHP Office Realty completes three long-term leases totaling 79,802 s/f at 700 Executive Blvd.

700 Executive Boulevard - Elmsford, NY

Elmsford, NY GHP Office Realty welcomed three industrial/flex tenants at 700 Executive Blvd. These three long-term leases total 79,802 s/f of new deals at the property. The 103,500 s/f industrial/warehouse building offers tenants multiple loading docks, drive-in doors, 16’ clear ceiling heights and parking. 

The owner has recently completed a $2.5 million renovation to upgrade and multi-tenant the property. The key vendors were Cardarelli Design & Architecture, P.C, Velardo Site Management, Inc., Lasa Industries, and Hirsch & Gibaldi, LLP.

Capstone Logistics LLC is a third-party logistics provider, signed a five-year lease for 37,000 s/f.

Helpsy Holdings, PBC, a Northeast recyclable clothing collector, signed a 10-year lease with 30,500 s/f of warehouse space. 

Michael Rao of New York Commercial Realty Group represented both Capstone Logistics and Helpsy Holdings, PBC.

AMS Construction Corp., a New York based contractor, is leasing 12,302 s/f with a 10-year term.

Brendan Hickey, senior director of GHP Office Realty, represented the building ownership on these transactions. 

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