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In one of the largest deals in Westchester County, NAI Friedland arranged for a 95 year ground lease to a partnership of P/A Associates and Acadia Real Estate Trust for the development of 16 acres on Pelham Parkway and Route 1 (Boston Post Road). The property has been developed into a retail complex of 250,000 square feeet anchored by BJ's Wholesale.
NAI Friedland matched three non-profit organizations to 40,500 square feet of available office space at 540 White Plains Road in Tarrytown. The space is owned by Ciba Specialty Chemicals Corporation USA and became available as a result of corporate downsizing. Lease obligations total over $8 million.
When Walgreens, the $60 billion national drug store chain, decided to expand into southern Westchester and the Bronx, it approached NAI Friedland's Retail Division for assistance. Our experience and familiarity with the local real estate markets helped us secure 7 building sites for the national retailer.

Westchester Industrial, Retail, Office Real Estate

When NAI Friedland opened its doors in Yonkers in the early 1960s, it recognized the inherent value in downtown Yonkers as a future hub for business. Today, NAI Friedland brokers remain committed to reshaping the face of Yonkers, as well as maintaining Westchester as a metro New York commercial center. The firm's many real estate deals continue to benefit the businesses and residents of Westchester County. The firm is responsible for numerous site assemblages, allowing for redevelopment in Yonkers, Pelham, Mt Vernon, and White Plains. While continuing to survey all markets for future activity, NAI Friedland is pursuing several opportunities in Northern Westchester for future development in towns such Cortlandt Manor, Mt. Kisco and Pleasantville.

Industrial Real Estate NAI Friedland brokers are highly active in the dynamic market for warehouse and manufacturing space in Westchester. The firm's 40-year involvement in over 1,000 transactions on properties ranging from 2,000 to 500,000 sq. ft. make it the market leader in the County. Notable transactions include the $75,000,000 lease of 430,000 sq. ft. to Diam Corporation in Yonkers and the $95,000,000 ground lease of an industrial park in Pelham Manor, which was redeveloped into a 250,000 sq. ft. retail property. NAI Friedland has also placed many major corporations in the County including General Motors training facility.

View our Industrial Commercial Real Estate Listings in Westchester.

Retail Real Estate NAI Friedland is a vibrant player in the Westchester County retail market, with its brokers negotiating transactions in large scale redevelopment projects in Mount Vernon, White Plains, Yonkers, and Port Chester. NAI Friedland has in-depth knowledge of the retail market and years of experience negotiating deals among retailers, developers, and local government, positioning the firm as a leading participant in retail deals in the coming years. NAI Friedland boasts numerous deals with Walgreen's and Commerce/TD Bank as well as a large number of leases with strong local and national retailers including the acquisition of PC Richards and Raymour and Flanigan's Central Park Avenue location. The firm has numerous listings on all major retail roads and downtowns in the County.

View our Retail Commercial Real Estate Listings in Westchester.

Office Real Estate The Westchester office space market experiences natural cyclical shifts in vacancy rates and prices. By developing close relationships with building owners as well as potential occupants, the brokers at NAI Friedland enjoy a long and successful history of filling available properties with suitable tenants. The division has represented tenants such as Akzo Nobel in leasing of 66,000 sq. ft. as well as A&P for a regional office. The firm has also found locations for the Westchester Library System and Columbia University. Currently the firm has assignments for a large relocation of a biotech company as well as other major exclusives for both institutional and corporate tenants that service the office sector.

View our Office Commercial Real Estate Listings in Westchester.

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