Capital Renovations Complete at Class A Office Building - 1311 Mamaroneck Avenue
WHITE PLAINS, N.Y., Jan. 30, 2017 /PRNewswire/ -- Onyx Equities announced today that major renovations are complete at 1311 Mamaroneck, a 326,000 sq.ft., class A office building. Onyx Equities, in partnership with Siguler Guff, acquired the property in August 2014. Since 2008, Onyx has led over $50 million worth of base building upgrade projects throughout its New Jersey & New York based portfolio. As a result, Onyx has honed its value-add approach to work place construction and property management. Ownership is proud to contribute to the region's high-quality work space offerings.
Existing and future tenants will enjoy the newly renovated lobby and reception area, new elevator cabs, modern cafe upgrades, fitness center facelift, conference facility upgrades and sleek common corridor finishes. Parking field upgrades resulted in the creation of 50 additional spaces.
In addition to workplace upgrades, ownership had an independent, data-connectivity evaluation performed. 1311's infrastructure has earned a Silver Wired Score, which in operational terms means that the building can accommodate the needs of today's heavy data users.
1311 Mamaroneck sits in a prime location, at the nexus of I-95 and the Hutchinson River Parkway (Exit 23). There is shuttle service in place to both the Mamaroneck and White Plains Metro-North stations. The building has the flexibility to accommodate small to medium size businesses, as well as a unique opportunity for a large block user to have its own private entrance with signage. Listing agents Glenn Walsh and Lawrence A. Ruggieri of Newmark Grubb Knight Frank are offering tours.
About Onyx Equities, LLC
Headquartered in Woodbridge, New Jersey, Onyx Equities, LLC is a leading private real estate investment, management and development firm. Driving Onyx Equities' success is its custom-made technology platform that allows on-site and regional management teams to increase operational efficiency, tenant satisfaction and long-term value throughout its portfolio. Since its founding in 2004, Onyx has acquired more than $2 billion worth of real estate assets throughout New Jersey, New York, Pennsylvania and Connecticut. Since 2008, the firm has owned, managed or served as the appointed Receiver for more than 57 million square feet of office, retail, industrial, and self-storage properties. The company's rapidly growing Receivership and REO portfolio has recently expanded into 10 states along the east coast. For more information on Onyx Equities, contact the firm at 732-362-8800, or visit www.onyxequities.com.
SOURCE Onyx Equities, LLC
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