Alico Signs Westchester County’s Biggest Lease of 2021

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No one needs any more proof that the suburbs are an attractive proposition to tenants than the fact that Amalgamated Life Insurance Company a.k.a. Alico just renewed its 105,000-square-foot space at Cohen Brothers Realty Corporation’s 333 Westchester Avenue in White Plains, N.Y.

It is the largest deal in Westchester County in 2021 so far, according to the landlord.

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“Alico has always been a very important tenant to us and we are thrilled to extend their tenancy at 333 Westchester for the long term,” said Charles Cohen, president and CEO of Cohen Brothers, in a prepared statement.

The asking rent for the space was $35 per square foot. Marc Horowitz represented the landlord in-house and David Rosenbloom of Cushman & Wakefield represented Alico.

The space is part of the four-building, 500,000-square-foot, 39-acre office campus that makes up 333 Westchester Avenue; Cohen Brothers acquired it in the late 1980s and hired Philip Johnson to redesign the property. Current tenants include USI Insurance, National Life Insurance and The Standard Life Insurance Company.