400 Columbus Avenue

Address: 400 Columbus Avenue Valhalla NY, 10595

Date Acquired: November 2007

Location Description:

Located on Columbus Ave in Valhalla, NY the building is setback and secluded from the normal noise and congestion of an office park. Nestled in the rolling hills of Valhalla the property has excellent access to Westchester County’s major high system and commuter rail lines. The building is also located within minutes of downtown White Plains and some of the country’s most exclusive neighborhoods.

Building Description:

400 Columbus Ave is 3-story, freestanding office building. It has a total of 143,129 RSF. The building is very unique with great new artwork.

Major Tenants:

My Publisher
Arcadian Networks, Inc.
Zedak Corporation
 

Investment Rationale:

Lease up the remainder of the vacant space while capitalizing on the migration of smaller tenants out of White Plains CBD due to increasing rents. ts historically high occupancy by signing early renewals with existing tenants at improving market rental rates.