Leasing Brisk at White Plains Plaza

John Jordan | January 2019

White Plains Plaza (FILE PHOTO)

WHITE PLAINS— Newmark Knight Frank recently announced the closing of multiple leasing transactions over the past five months at White Plains Plaza for a total of 79,301 square feet, with an additional 20,000 square feet out for lease.

The owner Ivy Realty is represented exclusively at the property by Executive Managing Director Glenn Walsh and Senior Managing Director Lawrence Ruggieri of NKF.

“The activity we’re seeing at White Plains Plaza is incredibly exciting,” said Anthony DiTommaso, Ivy Realty’s co-CEO. “The improvements to the buildings have really helped with the leasing.”

White Plains Plaza comprises two 15-story towers: One North Broadway and 445 Hamilton Ave. One North Broadway has landed new leases from Carl Zeiss (24,632 square feet), Crown Castle (10,983 square feet) and Langan Engineering (5,722 square feet), as well as renewals from Himmelfarb & Sher (5,070 square feet) and Riebling, Proto & Sachs (2,870 square feet).

445 Hamilton in turn saw new leases from Collado Engineering (4,860 square feet), Collins & Scoville Architecture (3,590 square feet) and EJ Electric (1,309 square feet), as well as a renewal of 16,828 square feet and an expansion of an additional 3,437 square feet from Stark Business Solutions.

“The buildings’ best-in-class facilities and robust amenities package make this property a great space to do business,” said NKF’s Walsh. “The ease of access and centrality to White Plains’ commercial district combined with the kind of tenant-friendly approach that Ivy Realty brings are hard to beat in the market.”

Ivy Realty purchased White Plains Plaza in 2015 and immediately began a $30-million revitalization of the complex, which is 95-percent complete.

John Jordan
Editor, Real Estate In-Depth