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Deals & Dealmakers

Marks Paneth makes Westchester move

Colliers International has arranged a long-term, 19,939 s/f  relocation and expansion on behalf of accounting firm Marks Paneth LLP at 4 Manhattanville Road in Purchase, NY.

Marks Paneth — one of the New York region’s largest accounting firms —is headquartered in Manhattan with additional offices in Washington, D.C., New Jersey and Long Island.

The firm will double the space it leases in Westchester in order to meet its growing needs, relocating from its existing space in Tarrytown, NY, with plans to occupy its new office on the fourth floor of 4 Manhattanville Road in January 2016.

The building resides within The Centre at Purchase office park, owned and operated by George Comfort & Sons.

4 MANHATTANVILLE ROAD
4 MANHATTANVILLE ROAD

“Marks Paneth is growing, and has expansion needs which cannot be accommodated at their current locations,” said Al Gutierrez, Executive Managing Director at Colliers International, who along with Tri-State President Michael T. Cohen and Tri-State Vice Chairman Andy Roos represented the tenant.

AL GUTIERREZ
AL GUTIERREZ

“But this presented an opportunity for Marks Paneth to relocate to The Centre at Purchase, one of the premiere office parks in Westchester County.”

“This new venue gives us room to expand as we continue to grow our firm, organically and through acquisitions,” said Mark Levenfus, Managing Partner at Marks Paneth. “We’re excited to have the opportunity to relocate to such a beautiful and convenient office campus in Westchester County, and Colliers International, which represents us in all our leasing efforts, was instrumental in making this happen.”

The Centre at Purchase consists of one three-story and three four-story office buildings, totaling more than 675,000 square feet of space. The 43-acre corporate campus includes parking, a gourmet cafe, professional gym, and onsite management. There is  a pond, fountains, picnic tables, and bridges for all the tenants to enjoy.

Dana Pike, in house with George Comfort & Sons, who along with Hilarie Siles and Stephen Banker, of Newmark Grubb Knight Frank, represented the landlord in the Marks Paneth transaction.

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