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GHP leases 32,000 s/f in New Roc.

GHP Office Realty, LLC, announced that it has leased 31,616 s/f of space at 145 Huguenot Street in New Rochelle, NY.

The new 10-year leases, consisting of 14,018 s/f with Monroe College and 8,857 with The Medical Letter leaves less than 3,000 s/f of available space at the 300,000 s/f building.

GHP also renewed three leases for existing tenants.

Located two blocks from Monroe College's Main Street campus, 145 Huguenot Street will be the new home for Monroe College administrative staff and the King Graduate School.

Andrew Greenspan, principal of GHP and Laura Greenspan, director of leasing represented the owner in the transaction.

Marc Jerome, executive vice president of Monroe College stated, "We are excited to be in a professional building where we feel our programs will blossom. We look forward to growing our relationship with GHP."

The Medical Letter, Inc., nonprofit Organization that publishes appraisals of new drugs and reviews of older drugs, moved into the building in July. Medical Letter was represented by its president, Mark Abramowicz, MD. GHP was represented by Laura Greenspan. McGovern, Connelly and Davidson, renewed its 1,880 s/f lease for three years, ICD America renewed its 2,228 s/f lease for five years and McCabe, Weisberg & Conway, renewed and expanded their lease to 4,633 s/f for four years.

"We are happy to continue to have velocity in the New Rochelle market. Our tenant base is strong and we work hard to maintain a well run building," said Andy Greenspan, principal of GHP.

145 Huguenot Street is one block from the New Rochelle Metro-North commuter rail station and next to New-Roc Center in the New Rochelle Central Business district. It has undergone major renovations and upgrades including a new building lobby and common areas, new elevators, new boiler and cooling tower.
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Comment:GHP leases 32,000 s/f in New Roc.
Publication:Real Estate Weekly
Date:Sep 22, 2010
Words:310
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