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New tenant at 1 No. Lexington.

Austin Corporate Properties, Inc., exclusive leasing agent for Gateway, 1 No. Lexington Avenue, White Plains, has announced that INSCI has leased 10,000 square feet at the building.

INSCI is a subsidiary of Information Management Technologies Corp., a NASDAQ traded company that specializes in outsourcing and facility management services to corporate, financial, and legal firms. INSCI is a software development company involved in the creation of a data-oriented archive and retrieval system for storage of information on laser optical disks.

The entire lease transaction, from initial inspection to lease execution, was accomplished in 30 days. D'Apice Commercial and Industrial Real Estate Represented the tenant.

Gateway is a 525,000-square-foot budding owned by CIGNA Real Estate Investors, and is currently undergoing a major lobby and public area redesign under the direction of renown Der Scutt Architect of New York City. Major building tenants include AT & T, Bankers Trust Company, Bleakley Platt & Schmidt, Dorman & Wilson and Sverdrup Corp. Cerussi & Spring, P. C. recently signed a 13,000-square-foot lease.
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Title Annotation:INSCI Corp. leases commercial space at 1 No. Lexington Avenue, White Plains, New York
Publication:Real Estate Weekly
Date:Jul 14, 1993
Words:166
Previous Article:Non-profit buys space at 305 Seventh Avenue.
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