X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HARRISON-O’Connor Davies Munns & Dobbins, LLP, an accounting and consulting firm, has signed a 10-year lease for new headquarters space at 500 Mamaroneck Ave., according to Jeffrey H. Newman, executive vice president of W&M Properties, the marketing and managing agent for the building.

The firm anticipates moving into its new first-floor 11,214-sf space by year-end. W&M Construction will build out the space for the new tenant, company officials say.

“500 Mamaroneck is a Class-A building in a great location; it made sense to us logistically,” says Kevin Keane, the firm’s managing partner. “We are consolidating two of our existing Westchester offices into this new location so that our accountants and consultants can better serve our clients.” The property is a five-story, 285,000-square-foot multi-tenanted office building.

In representing the building owner in the lease negotiations, Newman was assisted by JoAnn B. McGrath, W&M Properties’ vice president of leasing and marketing, and Laurie A. Wade, W&M Properties’ senior leasing associate. The tenant was represented by John R. McCarthy, a principal of McCarthy O’Callaghan of White Plains.

Also, CBG Investment Advisors, Inc., a subsidiary of CBG Banking Corporation Geneva, has signed a six-year lease for a new regional headquarters at 500 Mamaroneck Ave.

CBG will occupy a 2,837-sf office on the building’s second floor. W&M Construction is in charge of building out the space for CBG Investment.

“Lower Westchester is a prime suburban location for bankers and hedge funds because of its nearness to Manhattan,” says Scott Benson, president of Tarrytown-based Benson Commercial Realty, which represented CBG. He continued, “CBG chose 500 Mamaroneck because its location provides easy access to Long Island, New Jersey and western Connecticut. The building’s amenities and nearly completed renovation program were also factors in the decision.”

W&M’s Newman was assisted by McGrath and Wade in the lease transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.