Qwest Leases Space in Former Saks Distribution Facility

YONKERS-Qwest Communications Inc. has signed for 525,000 sf of space at the former Saks Fifth Avenue distribution facility on Tuckahoe Road. The deal is said to be one of the largest in Westchester County in years.

By John Jordan | Updated on September 01, 2000

Officials confirmed the lease agreement with property owner Alfred Weissman Real Estate of Yonkers. Weissman, vice president with the firm, says Denver-based Qwest Communications will use the facility as a computer center. No financial details were released.

Qwest, a broadband Internet communications company that merged with US West in June, will employ 60 workers at the site. The city recently approved an application to add approximately 50,000 sf to the property to accommodate the Qwest requirement.

The deal is part of economic development efforts to attract high-technology companies to the city, which lies just a few minutes north of Manhattan. Qwest is expecting to take occupancy in the first quarter of 2001.

Carl Austin, a principal of Austin Corporate Properties of Rye Brook, termed the lease deal one of the largest transactions in Westchester County in many years.

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