With a $100 million renovation and consolidation project underway on its Pleasantville campus, Pace University is selling its Briarcliff Manor campus and Lubin Graduate Center space in downtown White Plains.
CBRE Group Inc. on Thursday announced its Stamford office has been retained to represent Pace in the sale of the 37-acre campus at 235 Elm Road in Briarcliff Manor and the 82,000-square foot, five-floor graduate center at 1 Martine Ave. in White Plains.
The sales are being overseen by William V. Cuddy Jr., CBRE executive vice president in the Westchester/Fairfield office, with senior associate Jacqueline Novotny handling the sale of the Briarcliff campus and Patrick Colwell, CBRE senior vice president for investment properties, responsible for the sale of The Evelyn and Joseph I. Lubin Graduate Center space.
The Briarcliff Manor campus includes nine buildings totaling 330,308 square feet and tennis courts and ball fields on 37 acres.
In White Plains, the Pace graduate center condominium includes the ground-floor lobby and the entire second through fifth floors in the 14-story, 180,000-square-foot Westchester Financial Center. The Class A building is a short walk from the White Plains Transportation Center.