SEEQC, Inc Relocates US Headquarters To 15 Skyline Drive Hawthorne Under Lease Agreement
15 Skyline Drive
Building Size
—
Asset Type
Office
Closing
Aug 1, 2025
AI
The property involved in this transaction is an office asset located at 15 Skyline Drive in Hawthorne, NY, covering a total area of 13,635 square feet. This lease transaction is situated within a commercial real estate market conducive to corporate activities.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 15 Skyline Drive
- Market: Hawthorne
- Landlord: John Levy - Robert Martin Company
- Tenant: SEEQC, Inc
- Landlord's Representative: RM Friedland
- Tenant's Representative: John Cahill, Zach Antonucci & Thomas Burrus - JLL
SEEQC, Inc. has opted to relocate its U.S. headquarters from Elmsford to this new site to enhance support for its quantum chip design, testing, and manufacturing operations. The representatives involved in the transaction include John Cahill, Zach Antonucci, and Thomas Burrus acting on behalf of the tenant, while RM Friedland represented the landlord in this lease agreement.
Players
Hawthorne Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93