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SolarCity Inks 32,000 SF Flex Lease

ELMSFORD, NY-The green energy company is taking over DHL's former distribution space at 203 Ridgewood Drive, CBRE's Kevin Langtry tells GlobeSt.com's Jacqueline Hlavenka.

By Jacqueline Hlavenka | Updated on October 18, 2012

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.”

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