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Ginsburg Development Cos. has teamed up with Robert Martin Co. on an $83 million deal to acquire Westchester Financial Center, two office buildings comprising about 570,000 square feet in downtown White Plains. Ginsburg will redevelop the property with a mix of office, retail and residential space.
The longtime president and CEO at Mack-Cali Realty Corp. will serve until May as the company searches for his successor.
Mack-Cali Realty Corp. successfully leased almost a quarter of a million square feet of office and office/flex properties in Westchester County in the fourth quarter of 2012.