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Newmark Lists White Plains Office Campus for Sale
Newmark is marketing White Plains Plaza for sale in White Plains, NY. The property consists of two institutional-quality Class A office buildings with retail, totaling 715,365 square feet.
Tri-State Capital Markets executive managing director Kevin Welsh and managing director Brian Schulz, along with New York Capital Markets Investment Sales co-heads Evan Layne and Brett Siegel and divisional head of International Capital Markets Alex Foshay are marketing the property. Executive managing director Glenn Walsh will act as leasing market advisor.
“As companies evaluate a shift to less dense locations, but near Manhattan, White Plains Plaza will be a major beneficiary of this trend while also offering tenants lower operating costs and an abundance of lifestyle amenities within walking distance from the property,” said Welsh.
The property is currently 75% leased to a diverse roster of companies. Ownership recently transformed the buildings through a $24.3-million capital investment.
- ◦Sale/Acquisition
