Diversified will move into the second and third floors of the five-story structure, commanding the entire floorplate of each. Rye Brook, NY-based owner RPW Group recently did a full renovation of the facility, part of the selling point for the AEGON subsidiary to change locales from its current Purchase, NY office.
The terms of the lease were not fully disclosed, but the asking price for 440 Mmaroneck is $30 per square foot and Glenn Walsh of Cushman & Wakefield says the agreed-upon term was "close" to that, noting its hard to find that much contiguous space in the area. The building is 95% leased. Cushman & Wakefield represented both the tenant and the landlord.
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