$17m re-development plan for Sears White Plains site.White Plains Mayor Joseph M. Delfino and a host of local dignitaries joined developers Ivy Equities and Barrow Street Barrow Street may refer to:
LLC - Logical Link Control to officially break ground recently for The Shoppes on Main, a $17-million redevelopment of the former Sears store at 275 Main Street. The new multi-tenant retail property is expected to be completed in the second quarter of 2004, giving another boost to White Plains' resurgent re·sur·gent adj. 1. Experiencing or tending to bring about renewal or revival. 2. Sweeping or surging back again. Adj. 1. downtown business district. Ivy Equities of Montvale, NJ, and Barrow Street Capital, a Manhattan-based pension fund advisor, recently acquired the leasehold of the three-story, 270,000-square-foot retail building which Sears occupied for over 35 years and are now embarking on a major upgrading and repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery. of the property. "We're about to transform one of the city's most famous single-user structures into one of the county's finest multi-tenant retail developments," asserted John A. Saraceno, Jr., Ivy Equities' Chief Investment Officer. The ambitious modernization modernization Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family, project will include a complete electrical upgrade, a brand new heating and air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. system, new escalators, brand new tenant installations and a major garage upgrade, including new lighting, improved security and new traffic patterns. "We expect to be able to announce some major tenant signings by year-end," stated Patrick A. Smith, a principal of Staubach Retail Services, the exclusive leasing agent and retail consultant for The Shoppes on Main. "And we're hoping to begin moving retailers into their stores by this Spring." Staubach also represented Sears in its recent relocation to the nearby Galleria Mall, where it leased 240,000 square feet of space formerly occupied by JC Penney. A prominent real estate owner/developer, Ivy Equities owns and manages approximately three million square feet of commercial real estate, mostly office buildings located throughout the metropolitan New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of area. Its Westchester properties include 399 Knollwood Road in White Plains and 411 Theodore Fremd Avenue in Rye. A division of the Staubach Company, a full-service, international tenant rep and real estate strategy and services firm, Manhattan-based Stanbach Retail Services focuses solely on retail users of space, providing retailers with total outsourcing capabilities. |
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