Brokers at GHP Office Realty LLC have brought the occupancy rate to 97 percent at 399 Knollwood Road in Greenburgh after leasing 30,523 square feet of office space since taking over as leasing agent for the 152,000-square-foot office building last July.
The realty firm in West Harrison said those lease deals at the Class A property off Interstate 287 were worth $4.5 million. Jamie Schwartz, executive vice president of GHP, represented the building”™s owner, SKA Equities LLC, which acquired the former RPW Group property in mid-2015 for $24.5 million. Schwartz was assisted in the lease deals by GHP associate Harrison Lyss.
Schwartz in a press release attributed the stepped-up leasing velocity to “professionals who want a White Plains address without paying White Plains CBD (Central Business District) prices.” He said the building was at 88 percent occupancy when GHP was named exclusive leasing agent by the new owner.
Schur Management Co. Ltd. in the Bronx manages the property for the first-year owner.
GHP highlighted these lease deals at 399 Knollwood:
- Jeffrey L. Sapir, standing Chapter 13 trustee for the U.S. Bankruptcy Court, renewed and expanded its office space to 5,639 square feet for six years. The tenant was represented by Craig Ruoff of Rakow Commercial Realty Group.
- DiLapi & Co. CPA P.C. renewed its 3,066-square-foot lease for seven years. DiLapi was represented by Craig Ruoff of Cushman and Wakefield in the transaction.
- Dolgetta Law PLLC newly leased 2,305 square foot of space for five years.
- Ameriprise Financial, Reinas and Brown Wealth Management LLC relocated its office from Yonkers and leased 2,278 square feet of space for 10 years.
- Golden Krust Caribbean Bakery & Grill, Inc. newly leased 2,156 square feet of office space for five years.
- Crown Abstract, Inc., a real estate title company, signed a five-year lease renewal for 1,282 square feet. Brokers said Crown has been a tenant there for over 13 years.
