White Plains Business Improvement District

Japanese mega-bank signs 100,000 s/f lease in White Plains

Real Estate Weekly, May 25, 2017


Sumitomo Mitsui Banking Corporation has inked an 101,000 s/f lease at 1 North Lexington Avenue in White Plains, NY. The Japanese multinational banking and financial services company headquartered in Tokyo, Japan committed to a 13-year lease at the Class A office complex.

The CBRE team of William V. Cuddy, Jr. and Jacqueline Novotny represented the building ownership, Gateway One Group, in the lease negotiations as the exclusive leasing agents for the White Plains property. Williams Peters, Derek Trulson, Robert Ageloff and Paul Tortora of Jones Lang LaSalle acted on behalf of Sumitomo Mitsui Banking Corporation.

“The quality institutional ownership and the property’s phenomenal Class A office space, as well as its central location – just a block from the White Plains Metro North Train Station and White Plains Transportation Center – made 1 North Lexington Avenue the ideal location for Sumitomo Mitsui,” said Cuddy.


Read the full article from Real Estate Weekly.