ELMSFORD, NY-SolarCity, a clean energy company specializing in engineering design, financing, installation and monitoring of solar panels, has opened up a Westchester County location. The company has signed for 32,000 square feet of flex office/industrial space at Lighthouse Real Estate Ventures’ 203 Ridgewood Dr. in Elmsford, a property part of Fairview Corporate Park.
Kevin Langtry, a senior associate in CBRE’s Stamford, CT office who represented the building’s ownership, tells GlobeSt.com that the green energy company took over the distribution space formerly leased to shipping company DHL. “They were still on the lease, despite having vacated the building,” he says. “We were reacting to market interest as we had it. We structured the lease where SolarCity came up right against when DHL was out. It was almost like one leaves, and another comes in.”
The deal brings the Fairview Corporate Park portfolio – consisting of four buildings and 250,535 square feet – to 100% occupied. CBRE’s William V. Cuddy, Jr. also represented Lighthouse in the lease negotiations, while Cushman & Wakefield’s John Grady acted on behalf of SolarCity.
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