HOWARD PROPERTIES, LTD.
LEASES 88,000 SF
Largest Lease in Dutchess County since 2000
Howard Properties, Ltd., White Plains, New York, has represented Cervalis, LLC in two lease transactions totaling 88,000 SF in Dutchess County, New York. Howard E. Greenberg, President of Howard Properties, served as Exclusive Tenant Representative for Cervalis.
Cervalis has entered into a long-term renewal of its 71,500 SF Data Center facility in Wappingers Falls, New York, and has expanded into an additional 16,130 SF at the building.
This transaction was the largest leasing transaction in Dutchess County since 2000, when Howard Properties, Ltd. represented Cervalis in the establishment of its Data Center facility.
Cervalis is a premier provider of IT Infrastructure Services, Business Continuity and Rapid Recovery solutions that enable customers to achieve higher levels of business resilience and accelerate the way companies meet their business objectives. Cervalis was ranked third in the Connecticut Technology Council/Deloitte & Touche Fast 50 for technology companies in 2006, with revenue growth of 2100 per cent between 2001 and 2005.
Cervalis operates two world-class Data Centers, each within 65 miles of New York City. Both of these facilities offer clients the highest levels of security, protection and reliability. Both are designed for fault-tolerance and feature fully redundant power grids with multiple feeds from several substations. Both have uninterrupted power supply (UPS) systems and backup generators to all equipment.
Cervalis’ clients include organizations of all sizes, from emerging companies to Fortune 500 corporations. They represent many different industries, including financial services, insurance, health care/pharmaceuticals, government, education, utilities, energy, media/entertainment, manufacturing, transportation, retail and not-for-profit.
Howard Properties, Ltd., which is headquartered in White Plains, NY, specializes in tenant representation and real estate consulting. Founded by veteran commercial broker Howard Greenberg in 1998, Howard Properties has completed space acquisitions, dispositions, lease renegotiations and consulting assignments in 20 states. The firm is an affiliate member of CORFAC International, an association of independent real estate brokerage firms represented in more than 150 markets in The Americas and Internationally.
Howard Properties, Ltd. 3 Barker Avenue White Plains, NY 10601 914.997.0300 Telephone 914.683.0175 Fax howard@howprop.com www.howprop.com
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