27
Apr2010
Howard Properties, Ltd./CORFAC International
HOWARD PROPERTIES, LTD. REPRESENTS LAW FIRM IN WESTCHESTER’S LARGEST LEASE TRANSACTION OF 2010
White Plains, NY -- (March 28, 2010) -- Howard E. Greenberg, President of Howard Properties, Ltd./CORFAC International of White Plains, NY today announced that his firm represented the law firm of Kaufman Borgeest & Ryan LLP in a 31, 687 square foot (SF) lease in Valhalla, New York. This is the largest lease transaction of 2010 to date in Westchester County.The lease involved the extension of the firm’s existing 24,743 SF lease, as well as an expansion of 6,944 SF at 200 Summit Lake Drive, a part of The Summit at Valhalla office park owned by the Reckson division of S.L. Green. The firm is one of the largest tenants at the 750,000 SF Summit complex.The deal represents the 17th transaction in which Mr. Greenberg has represented Kaufman Borgeest & Ryan, including a 48,000 SF lease in New York City, and branch offices in Garden City, NY; Parsippany, NJ, and Calabasas, CA. Howard Greenberg
“We have enjoyed significant growth since relocating to The Summit in 2000,” said Kaufman Borgeest & Ryan Managing Partner Wayne Borgeest, Esq. “Howard Greenberg has always kept us ahead of the curve in obtaining the space we needed. Once again, he has crafted an innovative transaction for us that enabled our firm to take advantage of current market conditions to secure much-needed expansion space and to extend our lease well into the future.” About CORFAC InternationalCORFAC International is one of the largest commercial real estate services organizations in the world and celebrates its 21st year in 2010. U.S.-based CORFAC is comprised of privately held entrepreneurial firms serving more than 150 markets in the Americas and internationally through alliances with UK-based King Sturge, BDIin Mexico,Rios Commercial in Puerto Rico and Panama-based Latin American Corporate Property Services. In recent years, CORFAC firms completed over 9,000 commercial real estate transactions annually, encompassing more than 300 million square feet and valued each year in excess of $30 billion. For more information on CORFAC contact 954-923-6160, info@corfac.com or visit www.corfac.com.About Howard PropertiesHoward Properties, Ltd., headquartered in White Plains, NY, specializes in tenant representation and real estate consulting. Founded by veteran commercial broker Howard Greenberg in 1998, Howard Properties has completed space acquisitions, dispositions, lease renegotiations and consulting assignments in 20 states. The firm is an affiliate member of CORFAC International, an association of independent real estate brokerage firms represented in more than 150 markets in the Americas and internationally. For more information, contact howard@howprop.com or visit www.howprop.com .