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Westchester’s office space continues tightening ahead of market-shifting deal

Availability in the county's office market keeps shrinking, and that trend could accelerate greatly with plans to convert the former IBM campus in Somers to a private high school.

CBRE touts 1311 Mamaroneck as big-space solution in tight market

“We’re finding that since we can offer 200,000 square feet, 100,000 square feet, you can’t find that type of inventory in central Westchester anymore,” said William V. Cuddy Jr., CBRE’s executive vice president in Stamford.

Westchester Q2: Analysts say slow leasing at odds with strong overall...

The county’s office market saw about 249,000 square feet of new leases and renewals in the second quarter, according to a quarterly market report from CBRE Group Inc.

RPW Group buys two Westchester Avenue office buildings for $14.75 million

Robert Weisz builds on his Westchester Avenue holdings with 925 and 1025 Westchester Ave. in White Plains, which were previously part of Normandy Real Estate Partners' Exchange portfolio.

GHP Office Realty buys Valhalla office buildings for $12M

The property, with two building’s totaling about 183,000 square feet, went for $12 million in a deal first announced by the seller in April. CBRE Group, Inc. announced Monday that GHP, a West Harrison-based office owner and operator, acquired the two Stevens Avenue buildings.

Despite slow first quarter, office conversions set Westchester market for a...

Growth in asking rents is strongest in the White Plains Central Business District, where the average asking price of $34.84 per square foot is up 7 percent from last year’s first-quarter numbers, according to CBRE.

Westchester County Association, Pace team up for land use ‘playbook’

“There’s a lot of disconnect currently between planning and zoning and the market,” said Jessica A. Bacher, executive director of the Pace Land Use Law Center.

Medical leasing drives strong third quarter for Westchester office market

A major lease renewal and expansion by Montefiore in Yonkers led a solid quarter in Westchester's office market.

White Plains central business district drives return of large office leasing

The increase in major deals is part of what has researchers concluding Westchester's office market is trending in a positive direction.

CBRE tapped as leasing agent for Keystone properties

Keystone Property Group has named CBRE Group Inc. as exclusive leasing agent for a portfolio of four Class A office buildings in Tarrytown and...

Finn Dixon & Herling signs lease at Landmark Square in Stamford

The group will lease a 26,385-square-foot space at 6 Landmark Square in Stamford, a move about a quarter-mile down the road from its current office at 177 Broad St.

Matrix Investment Group buys $13.5M office park in Norwalk

The 179,000-square-foot property at 535 Connecticut Ave. is 45 percent leased.

Acadia Realty buys Bedford Green shopping center

The White Plains real estate investment trust paid $46.75 million for the ShopRite-anchored center in Bedford Hills.

Vacancy rate remains steady

Westchester County’s commercial office space vacancy rate held even in the third quarter of 2013, helped by several large-scale transactions that balanced the market.

Capmark subsidiary sells New Haven residential development

A holding controlled by Capmark Financial Group Inc. sold a 135-unit town home community in New Haven to Eagle Rock Advisors L.L.C. for $12.25 million, CBRE announced Jan. 3.