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Chevron/Texaco Entities Sign 20,000-SF Sublease in White Plains

WHITE PLAINS-Two Chevron/Texaco affiliates have signed sublease deals with IBM Corp. totaling approximately 20,000 sf of space at the Westchester One (44 South Broadway) office building in downtown White Plains.

By John Jordan | Updated on October 11, 2002

WHITE PLAINS-Two Chevron/Texaco entities will relocate their operations from the company’s former headquarters complex in Harrison to approximately 20,000 sf of sublease space at the Westchester One office building here.

Fuel & Marine Marketing LLC, a wholly owned company of Chevron/Texaco has signed a sublease for 17,321 sf of rentable space at 44 South Broadway. In addition, a related entity is expected to sign a deal soon for an additional 2,488 sf of sublease space at the building. The sublease space was formerly occupied by IBM Corp.

The two Chevron/Texaco entities are currently the last remaining operations of the oil giant to occupy the former Chevron/Texaco headquarters property at 2000 Westchester Ave. in Harrison. Once the firms relocate to White Plains, the only remaining occupant at the 725,000-sf complex will be Atlas Air, which has its operations housed in 120,000 sf at the facility. Morgan Stanley, which purchased the Chevron/Texaco complex earlier this year, is scheduled to begin a multi-million dollar renovation of the building to convert the facility into a data center and branch office. Chevron/Texaco has its corporate headquarters in San Francisco. The Harrison property was formerly the home of Texaco Inc.

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