224,546 SF Office Space
Purchase date: December 2020
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Westchester Park Drive is an office park located in the White Plains submarket of Westchester County, NY The Property consists of 55% professional service tenants along with 45% medical tenants. In-place WALT of approximately 5 years, provides steady cash flow in the short term. The property is currently at a 67% occupancy rate in a market that has limited future threats for further office development, leaving room for upside.
This investment provides the opportunity to capture consumer shift to suburban office properties.