Home Press Releases Real Estate Firm Gateside Corporation Relocates To Malkin Properties’ 500 Mamaroneck Ave....

Real Estate Firm Gateside Corporation Relocates To Malkin Properties’ 500 Mamaroneck Ave. in Harrison

HARRISON, N.Y. – December 9, 2011 – (RealEstateRama) — Gateside Corporation, a commercial and residential real estate development and investment company, has sold its offices in Rye, NY, and will relocate to Malkin Properties’ 500 Mamaroneck Avenue in Harrison, N.Y., according to Jeffrey H. Newman, executive vice president of Malkin Properties, the building’s marketing and managing agent.

The tenant has taken occupancy of a 2,182-square-foot office space on the third floor for a term of five years.

“We had owned the building that housed our office in Rye for the last 20 years,” says Rich Timme, director of leasing at Gateside. “After having sold that property for a healthy price, we decided that we wanted to move to a well-located and well-run suburban building. Once we evaluated everything that Malkin Properties provides to its tenants, 500 Mamaroneck was the obvious choice. With hands-on management so similar to our own business philosophy and convenience to transportation, its amenities and services cannot be surpassed in the area.”

“We’re glad that Gateside made the decision to lease at 500 Mamaroneck,” says Mr. Newman. “We look forward to hosting its business and offering our premium on-site amenities and management services, as we do with all of our tenants.”

Mr. Newman, together with senior leasing associate Kimberly Zaccagnino and leasing associate Tara L. Long, represented the landlord in the transaction. The tenant was represented by William V. Cuddy, Jr. of CBRE.
500 Mamaroneck Avenue is a five-story, 285,000-square-foot, multi-tenanted office building located in Harrison, N.Y., only 1/4 mile south of the Hutchinson River Parkway and 1 ¼ mile north of I-95, and less than 30 minutes from New York City by car or train. The building, comprising dual “center core” pods, subdivides well for multiple users within each pod, with unit size availabilities from 1,100 square feet.

A recipient of The Office Building of the Year Award (TOBY) from the Building Owners and Managers Association (BOMA) of Westchester County, 500 Mamaroneck features on-going building wide enhancements, including recent upgrades within the fitness center; in-house concierge service; Café 500 dining facility and catering service; a tenants-only fitness center with locker room facilities; tenants-only multimedia conference facility; free on-site parking; 24/7 on-site security; a broad range of telecommunications systems; an ATM; “park-like” landscaping; and tenants-only shuttle service to the Mamaroneck train station.

Malkin Properties is the real estate management, marketing and acquisition arm of the Malkin family, which has commercial, retail, and residential operations in 15 states. The company’s portfolio of suburban Trophy office buildings totals 1.85 million square feet of prime space in Westchester County, N.Y., and in Fairfield County, Conn.

In addition to 500 Mamaroneck, Malkin Properties’ other Westchester County Trophy building is Ten Bank Street, a 225,000-square-foot, 12-story office building located one block from the White Plains Transportation Center, in the heart of the White Plains central business district. In neighboring Fairfield County, Conn., Malkin Trophy properties are: First Stamford Place, a three-building, 810,000-square-foot office complex located along I-95, adjacent to the Stamford Transportation Center; Metro Center, a 285,000-square-foot property at the Stamford Transportation Center; and MerrittView, a 255,000-square-foot office building located at the Merritt Parkway’s exit 40A in Norwalk.

Malkin Properties provides full turn-key deal-making and management services, including marketing, lease negotiations, design, construction, management and cleaning services, all performed in-house. The firm is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives. Together with 500 Mamaroneck, Ten Bank Street, Metro Center and MerrittView earned the nationally recognized Energy Star designation from the U.S. Environmental Protection Agency (EPA); the balance of the Malkin Properties suburban Trophy portfolio is undergoing Energy Star review.

Broker commissions are paid in full upon lease signing.

FROM: MALKIN PROPERTIES
Metro Center, One Station Place
Stamford, CT 06902
Website: malkinproperties.com

CONTACT: LVM Group Inc.
Mike Odenthal, (212) 499-6571, mike (at) lvmgroup (dot) com