Owners of a fast-growing international biotechnology company in Ossining have paid $12 million to acquire the former Nokia Inc. building as their new headquarters on the Platinum Mile in Harrison.
The recent closing gives Histogenetics Inc. two adjacent vacant office buildings on Corporate Park Drive. The company in December paid $7 million for 104 Corporate Park Drive, the 118,000-square-foot former headquarters of Malcolm Pirnie Inc. But Histogenetics owners decided the building next door at 102 Corporate Park Drive, renovated by Nokia in 2006 at a reported $30 million cost, was better fitted for their office and laboratory needs.
Nokia, as part of a global consolidation, in early spring closed the regional office, which once employed about 300 workers, and removed the Nokia corporate sign. The Finnish communications company is expected to repay about $229,000 in incentives from the Westchester County Industrial Development Agency for failing to meet agreed-to job numbers there this year.
Both office buildings were marketed for their owners by brokers at CBRE Group Inc. Michael Rao and Frank Rao, partners at New York Commercial Realty Group in Harrison, represented Histogenetics.