News: Brokerage

Newman, Zaccagnino and Rampersad of Malkin lease 2,190 s/f; to US Renewables, who renewed their lease early

US Renewables Group, LLC (USRG) has extended its lease at Ten Bank St., according to Jeffrey Newman, executive VP of Malkin Properties, the marketing and managing agent for the building. The tenant, which took occupancy at Ten Bank St. in 2006, renewed its lease early for its 2,190 s/f space on the fifth floor. "Our commitment to renewable energy and Malkin Properties' commitment to sustainability make our companies a natural fit," said Jon Koch, managing director of USRG. "And given the convenient transportation and superb building management, the decision to renew early was an easy one." Newman, who represented the landlord with senior leasing associate Kimberly Zaccagnino and leasing associate Jovani Rampersad, said USRG's continued satisfaction "reflects our commitment to maintaining the highest standards of management and amenities throughout the Malkin Properties portfolio. We're proud to have this firm on our roster of distinguished tenants." The most recent addition to Malkin Properties' Westchester portfolio, Ten Bank St. is a 225,000 s/f, 12-story office building immediately adjacent to the White Plains Transportation Center, which includes the Metro North commuter line that runs directly to Grand Central Terminal in Manhattan and serves as the hub of the extensive Westchester County Bee Line bus system. A recipient of The Office Building of the Year Award (TOBY) from the Building Owners and Managers Association (BOMA) of Westchester County, Ten Bank St. features on-going building wide enhancements, including a recently redecorated lobby, and renovated common corridors and restrooms; in-house concierge service; Ten Bank Street Café dining facility and catering service; secured, structured parking garage with 417 spaces, located within the building, with 24/7 card access; 24/7 on-site security; a broad range of telecommunications systems; an ATM; and close proximity to banks, restaurants, hotels, dry cleaning, business suppliers, and retail, including The Galleria and The Westchester shopping malls. Malkin Properties is the real estate management, marketing and acquisition arm of the Malkin family, which has commercial, retail, and residential operations in 15 states. The company's portfolio of suburban Trophy office buildings totals 1.85 million square feet of prime space in Westchester County, N.Y. and in Fairfield County, Conn.
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