"We are talking about a significant expansion of Argent Mortgage's lease commitment," says Stephen J. Riker, vice chairman of Colliers ABR, the exclusive leasing agent at 333 Westchester Ave.

Riker would not say just how much additional space Argent was looking to lease at the 600,000-sf complex. Sources in the commercial brokerage trades in Westchester County say that the expansion could amount to up to 75,000 sf. Riker would not comment on those reports, saying that talks are still being held between the ownership (Cohen Brothers Realty Corp. of New York City) and Argent, a subsidiary of Ameriquest Mortgage Company.

In March, Argent's parent Ameriquest signed a lease for 118,000-sf of space at 333 Westchester Ave. The firm is expected to have as many as 450 employees at its new White Plains offices beginning this summer. Argent is currently leasing space at 8 Skyline Dr. in Hawthorne, NY, where they employ approximately 100 workers.

In addition to serving as offices for Ameriquest Mortgage's wholesale lending subsidiary, Argent's new offices at 333 Westchester Ave., will also serve as a state-of-the-art loan processing training campus.

Last month, the Whitman Education Group, a Florida-based post secondary education firm, signed a lease for 22,000 sf at 333 Westchester Ave. Whitman, which is headquartered in Miami, will use its new leased space at 333 Westchester Ave. for offices and classrooms of Ultrasound Diagnostic Schools (UDS), a division of Whitman that prepares students for positions as diagnostic medical sonographers.

Colliers ABR's Riker adds there are several other lease deals at the 333 Westchester Ave. complex that are expected to close in the near future.

Existing tenants at 333 Westchester Ave. include: Allied Irish Banks; Moviefone, an America Online media company; MACSTEEL ASOMA, a steel trading company; Endurance Specialty Holdings, a Bermuda-based reinsurance company; Fredman & Rosan, a law firm; Rosenfeld & Tortu, a benefits consulting firm; Merit Direct, a marketing company and Stone, Russo & Lassaro, a CPA firm.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.