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WHITE PLAINS, NY-Fifth Street Capital is leasing 13,468 square feet at Ten Bank Street here. The space will be Fifth Street’s new headquarters, as they make the move from 445 Hamilton Ave., also located in White Plains.

W&M Properties–the owners of Ten Bank–will build-out the space for Fifth Street, which was signed to a ten-year lease. Fifth Street will locate its headquarters on the top floor of this 12-story class A office building starting in July of 2009. Easily accessible from the MetroNorth, the entire building totals 225,000 square feet. According to W&M, the asking rent was in the low $40 per square foot range, but they would not divulge the exact price, nor the terms of the lease.

Fifth Street is a specialty finance company that focuses on financial solutions for middle-market American companies. EVP Jeffrey Newman and senior leasing associate Kimberly Zaccagnino of W&M Properties repped their company in the negotiations. Lawrence Ruggieri of Cushman & Wakefield represented Fifth Street.

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