The Glorious Sun Group Inks 42 KSF New York Lease
The deal marks the largest office lease closed in the past five years in Rockland County.
The Glorious Sun Group has signed a 42,226-square-foot deal at 1 Blue Hill Plaza, its 605,000-square-foot office building in Pearl River, N.Y., within the White Plains market.
The tenant is Nice-Pak Products Inc., a global health and wellness manufacturer that will occupy the entire 21st floor and part of the 20th floor of the property.
CBRE negotiated on behalf of the landlord as the exclusive leasing agent in charge of the building. Cushman & Wakefield worked on behalf of the tenant. The deal marks the largest office lease closed in the past five years in Rockland County.
The Glorious Sun Group is the owner of 1 Blue Hill Plaza and its neighboring structure at 2 Blue Hill Plaza since 1996, when it picked them up in an approximately $43.9 million portfolio deal from Clifford Properties. Other tenants at the two-building office campus include Active International, Kemark Financial Services, Ronak Group of Companies, Strategic Packaging Inc. and others, according to the same source.
A two-building office campus
1 Blue Hill Plaza is a 23-story Class A office building that includes 27,000-square-foot floorplates, six passenger elevators, 5,000 square feet of retail space and 2,400 parking spots shared with the 525,000-square-foot, seven-story 2 Blue Plaza Hill, according to CommercialEdge.
Originally completed in 1970, both office buildings were fully renovated in 2008 and 2011. Amenities include an on-site cafeteria, a hair salon, day care and dry-cleaning services, as well as access to a fitness center at 2 Blue Hill Plaza, according to the same source. Additional amenities at the two-building campus include an atrium café, a data recovery center, a post office, car wash and maintenance services and EV charging stations.
CBRE’s team of Executive Vice President James Tully, Senior Vice President Jon Meisel and First Vice President Brian Godau represented the landlord and are the leasing brokers.
Office leasing in White Plains
Sitting on 93 acres, the 1.1 million-square-foot office campus allows easy access to train and bus stations, as well as to retail and dining options. The properties are 21 miles from Upper Manhattan, 32 miles from Midtown Manhattan and within 37 miles of Newark Liberty International Airport.
CBRE also assisted in another office deal closed in the White Plains area. In March, Simone Development Co. signed a 16,750-square-foot office lease at 1 Zeiss Drive, an office and R&D building in Thornwood, N.Y. CBRE represented the tenant, Healy Electric Contracting.
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