Salvatore Campofranco, senior vice president and managingdirector of the Westchester Division of the Melville, NY-basedREIT, says that strong leasing activity this year has propelled itsReckson Metro Center development at 360 Hamilton Ave. in downtownWhite Plains to approximately 88% leased.
The company pumped in $15 million in construction costs toupgrade and reposition the former IBM building that sat vacant formore than a decade. Campofranco boasted that in less than a year,more than 300,000 sf of leasing activity has taken place at thehigh-rise property that totals 380,000 sf.
"In the first six months of this year, we accounted for 45% ofthe leasing activity in Downtown White Plains," he notes.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
