Two Lease Deals Totaling Nearly 27,000 SF Signed at Gateway Building in White Plains
Real Estate In-Depth | May 17, 2022
WHITE PLAINS—Commercial real estate brokerage firm CBRE announced on May 16 it had completed two new office leases at The Gateway Building in Downtown White Plains totaling 26,507 square feet. Both lease deals will involve companies relocating operations from other White Plains locations to the Gateway property at One North Lexington Ave.
International law firm Greenberg Traurig inked a 19,852-square-foot lease while the Sabra Dipping Company, a U.S.-based maker of refrigerated dips and spreads co-owned by PepsiCo and the Strauss Group, committed to 6,655 square feet of space within the 19-story building.
The CBRE team of William V. Cuddy, Jr. and Jacqueline Novotny spearhead leasing at The Gateway Building and represented the owner, Gateway I Group, Inc., in the lease negotiations. Greenberg Traurig was represented by Greg Frisoli and Mike Shuler, both Executive Managing Directors at Newmark. Sabra was represented by Ben Brenner and Ethan Silverstein at Cushman & Wakefield.
“Both tenants were looking to relocate to downtown’s premium office setting in a building close to regional transportation options,” said CBRE’s Cuddy. “The Gateway Building fit their real estate requirements perfectly given the property’s high walkability score and access to the Metro North train station into NYC just one block away.”
Previously located at 777 Westchester Ave., Sabra will occupy part of the 12th floor of the 530,519-square-foot Gateway office property. Greenberg Traurig will relocate its offices from 445 Hamilton Ave. to the eighth floor of the Gateway Building.
The Gateway Building is a LEED Silver, Wired and Well Certified office tower.