Record leasing volume in 2015 at Normandy”™s ”˜Exchange”™Â
Normandy Real Estate Partners reported 334,331 square feet of office space leased in 2015 at its Exchange office-park properties on the Interstate 287 corridor in Harrison and White Plains.
Normandy, based in Morristown. N.J., reported several notable tenant signings at its 1.6 million-square-foot, 14-building Exchange portfolio in a record-setting year for leasing volume since the real estate and investment fund management company took over the former Platinum Mile properties in late 2009.
- At 701 Westchester Ave., BNY Mellon renewed for 15,953 square feet of space for its White Plains BNY Mellon Wealth Management office. The tenant was represented by William Cuddy, Jr. and Jacqueline Novotny of CBRE.
- Also at 701 Westchester, Pentegra Retirement Services leased 29,202 square feet as part of their corporate headquarters relocation. John Hannigan of Choyce Peterson represented the tenant.
- At 707 Westchester Ave., EMC Corp., which facilitates cloud computing solutions for businesses, leased 9,811 square feet of office spsace. Ed Wartels of Cresa Corporate Real Estate represented the tenant.
- Ctrin Coopermabn, the accounting, tax, and consulting firm, expanded its space at 709 Westchester Ave., taking a full floor at 27,813 square feet of space. Rick Rakow of Rakow Commercial Real Estate represented the tenant.
- At 711 Westchester Ave., Stewart Title Insurance Co. renewed its lease for 10,095 square feet of space. Kevin McCarthy of CBRE represented the tenant.
- Also at 711 Westchester, the law firm of Schiavetti, Corgan, DiEdwards, Weinberg & Nicholson, LLP leased 7,946 square feet of office space. Lawrence Ruggieri of Newmark Grubb Knight Frank represented the tenant.
- New York Life renewed its lease and expanded to 32,820 square feet of space at 777 Westchester Ave. Mitti Liebersohn, formerly of Jones Lang LaSalle, represented the tenant.
CBRE”™s Stamford-based team of senior vice president Brian Carcaterra, vice president Michael McCall, and sssociate Morgan Collins brokered the lease deals for Normandy.
Parterns at Normandy Real Estate said the landlord has invested more $30 million in the ongoing redevelopment of The Exchange, and plans to build a new fitness center and conference facility at 925 Westchester Ave.
