$27m bid wins Bloomingdale building.Cushman & Wakefield announced the completion of the $27.3 million sale of 120 Bloomingdale Road in White Plains. Cushman & Wakefield represented the seller, Robert Weisz of RPW RPW Regulative Principle of Worship RPW Real Pro Wrestling RPW Random Plane Wave RPW Recorder Players West (Los Angeles, California) RPW Random Packet Win (throughput scheme) RPW Rugged Pentium Workstation Group of White Plains and procured the purchaser, Core Plus Properties of Stamford, Conn. Cushman & Wakefield Metropolitan Area Capital Markets Group specialists Andrew Merin, vice chairman, and Patrick R. Colwell, senior director, teamed with the property's leasing agent, Glenn Walsh, senior director of Cushman & Wakefield brokerage services, in the marketing of the property. "120 Bloomingdale Road offered the investor a highly attractive combination of location, quality, stable proven income, and long term investment value," said Mr. Colwell. "We attracted multiple offers from regional and local investors ranging from institutions to individuals." RPW Group purchased the vacant 145,378 s/f property in 1998 and completely renovated the building in 1999. The property is 100% leased with a tenant roster that includes OGS OGS Office of General Services (New York State) OGS Office of Graduate Studies OGS Ontario Genealogical Society OGS Ontario Graduate Scholarship OGS Ohio Genealogical Society 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 State; Byram Healthcare; Pitney Bowes  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . ; Oxman Tulis Kirkpatrick; and Whyatt & Geiger. "The commercial real estate investment market in Westchester continues to attract capital from investors outside of Westchester County looking to acquire well-positioned stabilized sta·bi·lize v. sta·bi·lized, sta·bi·liz·ing, sta·bi·liz·es v.tr. 1. To make stable or steadfast. 2. and added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
"The property's location provides tenants with the excellent amenities of downtown White Plains and convenient access to 1-287," said Mr. Walsh. |
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