660 White Plains Road, Tarrytown, NY
Ampacet Corporation renewed its lease of 35,000 square feet on the third floor of 660 White Plains Road, Tarrytown, New York for seven years. The space serves as Ampacet’s corporate headquarters. Ampacet Corporation is a global masterbatch leader offering the broadest range of custom color, special effect, black, white and specialty additive masterbatches for flexible and rigid extrusion processes and applications. It has 25 manufacturing sites located in 18 countries and employs more than 2,000 people worldwide. It operates technical and color development centers and manufacturing sites throughout the Americas, Asia and Europe.
Additionally, Grossbach, Grossbach, Tramaglini & Hayes, PC leased 2,100 square feet on the third floor of 660 White Plains Road. Founded over 40 years ago, the law firm specializes in Matrimonial and Family Law, Real Estate, Commercial Law and Business Transactions, Trusts and Estates (including Trust and Estate Administration and Estate Planning), Litigation and Tax Law.
Jamie Schwartz, Executive Vice President at GHP, represented the building ownership in both deals.
GHP acquired the six-story, 280,000 square foot Class-A building in 2017 when it was 80% leased. Since that time, GHP has invested in renovations to the common areas, bathrooms, the 850-car surface parking lot and constructed a new state-of-the-art fitness facility. The building is now 100% leased.
Additionally, the US Social Security Administration (SSA) signed two new leases totaling 22,413 square feet, each for fifteen-year terms at two of GHP’s buildings.