Thanks in large part to PepsiCo, a leading commercial real estate firm reported a spike in fourth-quarter office deals accompanies by an increase in asking rental rates. Those two trends are indicative of a rebounding local economy; however, the overall statistics for 2012 showed that the commercial real estate market… Read More →
The Westchester commercial real estate market has been dominated by the smaller companies since the great recession began. Most leasing activity has been for minor expansions of existing offices or a the moving of a small company to an office park suite somewhere in the county. Erin Patterson, a researcher… Read More →
In a busy IDA meeting this morning, county officials heard plans from PepsiCo to temporarily move to the former Starwood headquarters at 1111 Westchester Ave. in White Plains. The relocation would only be needed while the company renovates its vast corporate center in Purchase. The office at 1111 Westchester Ave…. Read More →
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