Wednesday, November 26, 2014

HFF closes $39.5 million sale of Class A Westchester County, NY office property

International Corporate Center, 555 Theodore Fremd Avenue, Rye, NY

Jeffrey Julien
NEW YORK, NY – HFF announced it has closed the sale of International Corporate Center at Rye, a Class A office property in Rye, Westchester County, New York, totaling approximately 180,000 square feet.

 HFF exclusively represented the seller, Faros Properties, LLC, in the transaction. 

International Corporate Center at Rye is located at 555 Theodore Fremd Avenue close to Interstates 95 and 287 in Rye.

 It is the only Class A office building in Westchester County within walking distance of the Metro-North Railroad, which provides access to Manhattan in 35 minutes. 

Renovated in 2012, the property features three interconnected office buildings connected by a five-story glass rotunda lobby with amenities including a fitness center, cafeteria, conference center with boardroom and an outdoor tenant courtyard.

Jose Cruz
 International Corporate Center at Rye is 98 percent leased to tenants in the financial service, private equity, law and consumer product sectors. 

               The HFF investment sales team representing the seller included managing director Jeff Julien, senior managing directors Jose Cruz and Andrew Scandalios. Richard Goldstein with Goldstein & Associates Realty, Inc represented the buyer.
For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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