WHITE PLAINS-Austin Corporate Properties Inc. has brokered two sublease deals totaling more than 18,000 sf here. Hitachi Metals Ltd. has signed a short-term sublease of 18 months for 10,646 sf of space on the second floor of 701 Westchester Ave. here. The firm, which is headquartered in 25,000 sf of space at 2 Manhattanville Rd. in Purchase, has taken occupancy of the new space for a project-oriented use, says Philip Luria, vice president of Rye Brook-based Austin Corporate Properties. Luria represented Hitachi Metals in its sublease deal with IBM Corp.

Also, Reliable E Commerce has signed a four-year sublease for 7,720 sf of space at 500 Mamaroneck Ave. here. Reliable, a telecommunications company, has relocated operations from the Bronx to its new location. Austin’s Luria represented sub-landlord HCL Jones Technologies LLC, a joint venture of Jones Apparel Group and HCL Technologies in the transaction. HCL Jones will retain a presence at the property. Richard Leroy of Delphi Commercial Properties Inc. of Tarrytown represented Reliable E Commerce.

Officials with Austin Corporate Properties note that the firm is currently marketing 13,700 sf of sublease space put on the market by Hudson City Savings Bank at 1311 Mamaroneck Ave. in White Plains. The space formerly housed regional offices of Sound Federal Savings Bank, which was acquired by Hudson City Savings Bank last year, Luria notes.

Hudson City Savings Bank announced on Monday that the 14 Sound Federal Savings Bank branches in Westchester, Rockland and Putnam counties in New York and Fairfield County, CT, will now operate under the Hudson City Savings Bank name. In addition, the firm reports that it plans to open a new branch in Monroe, CT and White Plains later this month.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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 © 2024 ALM Global, LLC. All Rights Reserved.