New White Plains office owner names CBRE as leasing agent

The Westchester/Fairfield County office of CBRE Group Inc. in Stamford has been named leasing agent for 140 and 150 Grand St. in downtown White Plains, the commercial brokerage firm announced.

The CBRE team of Michael McCall, Kevin McCarthy and Morgan Collins are handling the assignment.

Westport Capital Partners, an investment management company in Wilton, Conn., in December paid $32 million to acquire the adjacent office buildings from SL Green Realty Corp. and its suburban Reckson division. The properties total 217,416 square feet of space.

“When we evaluated these buildings for purchase, we had great confidence in not only the assets, but also in White Plain”™s future,” said Chad Goodman, senior vice president at Westport Capital Partners. “The improvements that we have planned will only serve to elevate 140 and 150 Grand St. and make them even more appealing,”

The new owner ownership has retained Papp Architects P.C. to lead the planned improvements project. The White Plains firm will assist with the redesign of the building”™s curb appeal, outdoor plaza, the 140 Grand St. lobby, elevator cabs, common corridors and building mechanical systems.

Cushman & Wakefield Inc. will oversee property management of the buildings.