Knakal, Merin, Gabriel and Eisenhut of Cushman & Wakefield retained to sell Harrison Plaza
Bob Knakal, Cushman & Wakfield
Harrison, NY Cushman & Wakefield has been retained on an exclusive basis to sell Harrison Plaza, a newly renovated office complex, located at 450 Mamaroneck Ave.
Harrison Plaza is a 4-story, 177,630 s/f office building located on over 18 acres of land. There are 673 parking spaces including 40 covered executive spots. Over the last several years the property has undergone a complete gut renovation and features a mixture of full oor configurations as well as several smaller office suites.
In recent years, the medical sector has been one of the fastest growing segments within the Westchester office market. 450 Mamaroneck Ave. has been at the forefront of this trend as the building is 90% occupied and includes a variety of medical office and educational tenants, all of which are in place on a long term basis.
Positioned in the center of Westchester County the property is situated between downtown Mamaroneck and the rapidly expanding city of White Plains. The property’s ideal location features direct access to major highway systems including the Hutchinson River and Merritt Parkways, Interstate 287 and Interstate 95 as well as close proximity to the Metro North train line.
As demand for medical of ce space expands even further and companies continue relocation initiatives to major suburban markets 450 Mamaroneck Ave. represents a stable investment with signi cant in-place income and additional upside in the long term.
Bob Knakal, chairman, New York Investment Sales at Cushman & Wakefield is exclusively marketing this property with Andrew Merin, Gary Gabriel and Bill Eisenhut.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account