Cushman & Wakefield facilitates over 53,000 s/f of leasing at 560 & 580 White Plains Road
Tarrytown, NY According to Cushman & Wakefield, the real estate services firm has successfully arranged over 53,000 s/f of leasing activity at 560 and 580 White Plains Road, two Class A six-story office buildings totaling 306,475 s/f.
Cushman & Wakefield’s Matthew Lisk, Tara Long and Steve Baker represented the landlord in these transactions.
"Completing over 53,000 s/f of leasing in the past twelve months, with 43,000 s/f being new leasing activity, is a remarkable achievement in the I-287 west market given the challenging leasing environment," said Lisk. "The extensive capital improvements and the property's status as the only true Class A property in Tarrytown have been pivotal in attracting these tenants."
This significant leasing activity includes:
- The Cookware Company, a global cookware manufacturer, signed a new 17,368 s/f lease. The tenant was represented by Craig Ruoff of Colliers International.
- Discovery Village, a senior living and lifestyle community, signed a new 10,749 s/f lease.
- Progressive Insurance, a leading insurance provider, signed a new 10,487 s/f lease. The tenant was represented by Glenn Walsh and Larry Ruggieri of Newmark.
- First American Title, a title insurance and settlement services company, signed a new 6,409 s/f lease. The tenant was represented by Matthew Lisk of Cushman & Wakefield.
- Delta Brands, a consumer goods company, signed a new 5,358 s/f lease. The tenant was represented by David Richman of Rakow Commercial.
- Fifth Third Bank, a financial services institution, signed a new 3,364 s/f lease. The tenant was represented by Joseph Cabrera and Michael Gordon of CBRE.
560 and 580 White Plains Road have undergone a complete transformation with $8 million in capital improvements. The buildings now feature modern lobbies with open ceilings and polished concrete floors, a new 4,000 s/f café, two new shared conference facilities and a new fitness facility with gym equipment. Additionally, the buildings have new elevator cabs and mechanicals, modernized BMS and HVAC systems and updated common corridors and restrooms.