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Three White Plains Properties on Market for Sale

WHITE PLAINS, NY-A downtown office complex that was once the home of Prodigy Inc. is about to be put on the market for sale here. In addition, two other downtown office properties are under contract with a new buyer.

By John Jordan | Updated on June 24, 2002

WHITE PLAINS, NY-Metropolitan Life Insurance has confirmed reports that it is about to place its twin-tower, 750,000-sf White Plains Plaza office complex on the market for sale. In addition, Reckson Associates Realty Corp., reports that it has its 235 and 245 Main St., office properties, which total more than 160,000 sf of office space, under contract for sale.

Jennie Morgan, a spokesperson for MetLife, confirms that the insurer has retained Eastdil Realty of New York City as the sales agent for White Plains Plaza in downtown White Plains. The property consists of One North Broadway, a building of more than 395,000 sf that is fully leased and 445 Hamilton Ave., which has 320,688-sf of office space. That building is considerably vacant, although MetLife occupies approximately 52,000 sf of space there. The complex was at one time home to Prodigy Inc., which occupied well in excess of 400,000 sf of space at the complex.

Officials with Eastdil Realty and McCarthy O’Callaghan Co., the exclusive leasing agent at White Plains Plaza, had no comment on reports that White Plains Plaza was about to be marketed for sale.

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