Argent Ventures Acquires Mixed-use Property In White Plains For $105M

The mixed-use property located at 1 N. Broadway in White Plains has been sold in a transaction. The property, spanning an area of 715,365 square feet, was sold for a total price of $105,000,000. The sale price per square foot (PPSF) was calculated to be $146.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $105,000,000
• Square Footage: 715,365
• Market: White Plains

The buyer of the property was Argent Ventures, while the sellers were Ivy Realty and DW Capital. The deal was facilitated by brokers Kevin Welsh, Brian Schulz, Jason Emrani, Evan Layne, Brett Siegel, and Alex Foshay, who represented Newmark. This transaction represents an important milestone for all parties involved.