The firm is a principal owner of the Crossroads Shopping Center located on the Greenburgh/White Plains border. Heyman owns a host of commercial properties in Connecticut, including Stamford Industrial Park and 441 Canal St. The firm also owns the Stamford Marriott as well as the Marriott Courtyard by LaGuardia Airport. The firm's commercial portfolio totals approximately three million sf.
Cushman & Wakefield's Capital Markets Group, consisting of senior director Patrick Colwell and executive vice president Andrew Merin, worked with C&W's Glenn Walsh, the leasing agent, in representing MetLife in the transaction. C&W also procured the buyer, which represented itself in the deal.
White Plains Plaza, which consists of two, 15-story buildings--One North Broadway and 445 Hamilton Ave.--first opened around 1970. MetLife acquired the complex in 1989 for a reported $125 million, according to knowledgeable local real estate sources.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
