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DigiChem Corporation Signs 5-Year Lease For Lab Space With Northpath Investments In Tarrytown

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LEASED

New York

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Life Sciences155,987 SF
Leased 05/12/2025
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LEASED

DigiChem Corporation Signs 5-Year Lease For Lab Space With Northpath Investments In Tarrytown

500 White Plains Road

See Similar Deals
Life Sciences155,987 SF
Leased 05/12/2025
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Summary

NEW YORK
Asset Type:Life Sciences
Price Per Square Foot:$0
Total Square Footage:155,987 SF
Transaction Type:Lease

The property asset involved in this transaction is a life sciences facility located at 500 White Plains Road in Tarrytown, NY, comprising a total of 155,987 square feet. The lease agreement involves a specific space of 3,035 square feet designated for lab use.

Summary of transaction details:

The transaction features key individuals such as Geoffrey Adler, who represents the landlord Northpath Investments, and Greg Ellson, who is the tenant from DigiChem Corporation. The deal's negotiations involved representatives Ian Ceppos and John Cahill from JLL for the landlord, while the tenant was represented by Michael Litsky from Rakow Commercial Realty Group.

Players

John Cahill
5 deals(212) 812-6030
BROKER


Michael Litsky
Rakow Commercial Realty Group
1 deal
BROKER

Northpath Investments
LANDLORD

Details

LEASED
IMAGE: Greg Ellson, Michael Litsky, Geoffrey Adler, Ian Ceppos & John Cahill DATE: 05/12/2025 ADDRESS: 500 White Plains Road MARKET: Tarrytown ASSET TYPE: Life Sciences ~ SF: 155,987 LANDLORD: Geoffrey Adler - Northpath Investments TENANT: Greg Ellson - DigiChem Corporation LANDLORD'S REP: Ian Ceppos (@IanCeppos) & John Cahill - JLL (@JLL) TENANT'S REP: Michael Litsky - Rakow Commercial Realty Group (@RakowGroup) LEASE TERM: 5-year lease NOTE: DigiChem Corporation, a digital chemical manufacturing startup from BioInc@NYMC, signed a 5-year lease for 3,035 sq. ft. of lab space at 500 White Plains Rd. in Tarrytown, NY.

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Deal Type
Effective Rent (Annual)

$8,941,080.71

Total Lease Value

$89,410,807.11

Net Landlord Cash Flow$8,941,080.71