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. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional