Bronx-based Montefiore Medical Center recently signed for the largest office space among three tenants renewing leases at Mack-Cali Realty Corp. properties in Westchester County.
The Edison-N.J.-based real estate investment trust announced 55,245 square feet of lease renewals at its class-A office buildings in Yonkers, Elmsford and White Plains. They are:
Ӣ Montefiore Medical Center renewed its lease on 26,742 square feet for 10 years at 3 Executive Blvd. at South Westchester Executive Park in Yonkers. The 58,000-square-foot office building is 100 percent leased. Montefiore Medical Center, the University Hospital and Academic Medical Center for the Albert Einstein College of Medicine, leases a total of 170,064 square feet at the park. Carol McGuire, in-house senior director of leasing, represented Mack-Cali in the transaction.
Ӣ Citigroup Global Markets Inc. renewed its lease on 17,103 square feet for eight years and five months at 11 Martine Ave. in White Plains. The 180,000-square-foot building at Westchester Financial Center is 85.6 percent leased. Al Gutierrez at CB Richard Ellis represented the tenant and Ivan Abry, in-house senior director of leasing, represented Mack-Cali.
Ӣ Cablevision Lightpath Inc., a division of telecommunications and entertainment company Cablevision Systems Corp., renewed its lease on 11,400 square feet for five years and three months at 565 Taxter Road in Elmsford. The 170,554-square-foot building in Taxter Corporate Park is 98.8 percent leased. Maureen OӪBoyle of Cushman & Wakefield represented the tenant and Ivan Abry represented Mack-Cali.
“These leases reflect the strength of the Westchester market and demonstrate the continued success of Mack-Cali’s strategy of building successful, long-term tenant relationships through maintaining high standards of quality for both our properties and our services,” said Jeffrey Warner, Mack-Cali vice president of leasing.
Mack-Cali owns or has interests in 294 properties, primarily office and office-flex buildings in the Northeast, totaling approximately 33.7 million square feet and about 2,200 tenants
