Newmark today announced more than 67,000 square feet in long-term lease transactions at The Centre at Purchase, a preeminent four-building corporate campus in Westchester County, N.Y. The activity concludes more than 125,000 square feet in leasing this past year.
Stroz Friedberg, an international digital risk management and investigations firm, is relocating from Westport, Conn., and has leased 8,227 square feet of custom-built space on the first floor of 3 Manhattanville Road. In the same building, executive recruiting firm Boyden World Corporation, with more than 70 offices in over 40 countries, is relocating its headquarters from 50 Broadway in Hawthorne, N.Y. Boyden also will move into a build to suit turnkey installation. In 2 Manhattanville Road, Richard Fleischman & Associates Inc. (RFA) has renewed the lease for its 34,263-square-foot mission-critical data center. Another long-time tenant Greywolf Capital Management, LP renewed for 18,531 square feet on the second floor of 4 Manhattanville Road. Additionally, Hitachi Metals America, Ltd., which, along with its U.S. subsidiaries, manufactures and sells a wide range of specialty metals products and has been headquartered at The Centre at Purchase since 2002, has expanded by leasing 3,730 square feet in the same building to bring its total square footage at The Centre to over 28,000 square feet.
“The ownership of The Centre at Purchase isn’t satisfied with simply providing the premier office product in Westchester County,” says Newmark Managing Principal Stephen Banker. “This landlord works diligently to ensure an ideal fit between space and tenant, with custom build-outs and first-rate amenities.”
Stroz Friedberg assists clients with cybercrime response, data breach, digital forensics, electronic discovery, business intelligence and investigations. The New York-based company will relocate to the new and larger offices in The Centre at Purchase during the first quarter of 2012.
Stroz Friedberg and Boyden World Corporation are the latest companies to take advantage of turnkey space offerings in The Centre at Purchase. The building’s ownership, a venture comprising George Comfort & Sons and O’Connor Capital Partners, provides tailored space solutions ranging from custom build-outs to entirely finished, well-appointed offices ready for move-in.
RFA will be undertaking capital improvements to its data center space under terms of its lease renewal. Headquartered in New York City, RFA provides IT solutions to hedge funds and other financial firms. Its SAS 70 Type II audited data center in The Centre at Purchase provides fully equipped office and trading desk space, disaster recovery and business continuity services.
A recent upgrade to the 676,490-square-foot Centre at Purchase included new elevators, updated building systems and renovated common areas, cafeterias, conference center, parking facilities and landscaping. Other amenities include a fitness facility and scenic outdoor setting.
Cushman & Wakefield brokers Larry Ruggieri and Torey Walsh represented Stroz Friedberg in the lease negotiation. Steven Greenbush and David Hollander of CB Richard Ellis negotiated the renewal for RFA. Craig Ruoff of Rakow Commercial Realty represented Greywolf Capital Management in the lease renewal. Newmark’s Michael McCall, who works with Banker on the leasing program at The Centre, also represented Boyden World Corporation.
About George Comfort & Sons
Founded in 1919, George Comfort and Sons is one of New York metropolitan region’s oldest, largest, and most reputable real estate firms. The company currently manages 11 million square feet of commercial property, 50 percent of which it owns, and holds assets of $1 billion in partnership with top global investors. Offering a full-spectrum of professional real estate services, including property management, leasing, construction and finance, the firm is headquartered in New York and has offices in Washington, DC, Stamford, CT, and Beverly Hills, CA.
About Newmark
Newmark is one of the largest real estate service firms in the world. Headquartered in New York, Newmark and London-based partner Knight Frank together operate from more than 240 offices in established and emerging property markets on five continents. With a combined staff of more than 7,000 and revenues last year exceeding $993 million, this major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide. For further information, visit www.newmarkkf.com.
Newmark is a part of BGC Partners, Inc. (NASDAQ:BGCP), a leading global brokerage company primarily servicing the wholesale financial markets. For further information, visit www.bgcpartners.com.