White Plains Business Improvement District

GHP Office Realty sells White Plains office building for $9.6 million

Westfair Communications, Ryan Deffenbaugh, December 12, 2017

 

GHP Office Realty has sold its 7-11 S. Broadway property in downtown White Plains for $9.6 million.

7-11 South Broadway GHP Office RealtyThe buyer, Empire Residential LLC, a real estate company in Stamford, closed on the purchase in November, according to county property records.

The 5-story, 70,000-square-foot office building was reported previously by West Harrison-based GHP as 100 percent leased. Tenants include Formé Medical Center and Urgent Care and a dental office, Broadway Dental Associates.

GHP bought the property in 2001 for $6.25 million, according to county property records. The property was built in 1955. In a press release announcing the deal, GHP said it recently spent more than a million dollars improving the property.

...

Read the full article from Westfair Communications.