Scandalios, Cruz, Julien and O'Hearn of HFF broker $30 million sale; Represents seller, Gateside Corp.; Purchased by Faros and Gould
HFF has closed the sale of The International Corporate Center at Rye, a 170,973 s/f, class A office property. HFF's investment sales team marketed the property on behalf of the seller, The Gateside Corp. Faros Properties and Gould & Co. purchased The International Corporate Center at Rye for more than $30 million and assumed existing debt on the property.
Located at 555 Theodore Fremd Ave., the 17.1-acre site features three interconnected buildings anchored by a five-story glass rotunda lobby. Tenants at the property include Bank of Tokyo-Mitsubishi, Mitsubishi Imaging and Greenbriar Equity Group.
The HFF team representing The Gateside Corp. included senior managing directors Andrew Scandalios and Jose Cruz and directors Jeffrey Julien and Kevin O'Hearn.
Manhattan, NY According to Tishman Speyer investment boutique Horizon Kinetics Asset Management LLC will relocate its current New York office to 18,713 s/f on the 27th floor of 1270 Avenue of the Americas at
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