Simone signs first medical lease for recently-acquired Yonkers building

In its first medical lease since acquiring the property, Simone Development Companies has announced that SightMD, a rapidly-growing eye care group, has leased 9,409 square feet at One Executive Boulevard in Yonkers. Simone last fall acquired the building from an affiliate of Robert Martin Co.

One Executive Boulevard also is close to Simone Development’s 1034 North Broadway, a 25,000-square-foot multi-tenant medical building that includes Northwell Health as well as Trust Specialty Pharmacy.

SightMD offers patients access to more than 80 eye care providers through 40 locations in Westchester, Nassau and Suffolk Counties, Manhattan and Queens.

SightMD was represented by Scott Berfas and Glenn Walsh of Newmark. Simone Development’s leasing and legal teams handled the transaction in-house.

“We are thrilled to welcome SightMD to One Executive Boulevard. The property’s central location, generous parking, and the opportunity to create customized build-outs makes this an ideal site for medical tenants looking to offer cutting-edge healthcare,” said Joe Simone, president of Simone Development Companies.

Located in the North Yonkers “Medical Mile,” One Executive Boulevard is a 133,768-square-foot, 4-story office building undergoing renovations to be repurposed as a state-of-the-art medical building. The property has a remaining 48,525 square feet of medical space available for lease.

Simone Development Companies is a full-service real estate investment company with a portfolio of more than 7 million square feet. It specializes in the acquisition and development of health care, mixed-use, office, industrial, retail and residential properties.