The office/flex property is located at 125 Clearbrook Road, part of Mack-Cali's Cross Westchester Executive Park complex. The project is expected to be completed in the second quarter of 2002 at an estimated cost of $5.2 million, Mack-Cali officials state. The new building is situated nearby the popular Westchester Broadway Theatre facility.

Two leases have been signed to fully pre-lease the new building, Mack-Cali officials reported. The tenants at the 125 Clearbrook Road building are: ADT Security Systems, a wholly-owned subsidiary of Tyco International and a manufacturer of security and alarm systems, which has leased 18,000 sf of space for 10 years and Ademco Distribution, Inc., a subsidiary of Honeywell, Inc. and a manufacturer of security and alarm products, which has signed a 15,000 sf lease for 10 years.

ADT Security Systems, which will use its space for offices, assembly and distribution operations, was represented by Mark Spillane of Spillane & Co.; and Ademco Distribution, which will use its space for offices, showrooms and distribution functions, was represented by Neal Schorr of Rothwood Real Estate Services, Inc.

A recent groundbreaking for the project was attended by Town of Greenburgh Supervisor Paul Feiner, Village of Elmsford Mayor Arthur DeAngelis, and representatives of ADT, Ademco and Mack-Cali.

Commenting on the new building, Mitchell E. Hersh, chief executive officer of Mack-Cali, commented, "We're pleased to be able to accommodate the expansion needs of our tenants while also building on our strong presence in this important Northeast market."

Instant Insights /

Mack-Cali Begins 33,000-SF Elmsford Office Construction

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