HARRISON, NY-Nokia Inc. has selected Westchester as the site for a regional corporate office. The mobile communications firm will initially occupy approximately 50,000 sf in a temporary office in White Plains while renovations are made to its permanent headquarters site at 102 Corporate Park Dr. here.

Nokia will initially occupy space at 709 Westchester Ave., while renovations are under way at the vacant 102 Corporate Park Dr. that will serve as the headquarters for Nokia’s Enterprise Solutions business group. Nokia has purchased the property from EastRidge Properties for $7.6 million, according to Nokia officials. EastRidge Properties is also the owner of 709 Westchester Ave.

Nokia plans to spend nearly $30 million in improvements to 102 Corporate Park Dr. The company plans take occupancy of space at 709 Westchester Ave. by July and intends to relocate to the building 12 months to 18 months after.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.