Near White Plains Hospital, a three-story, state-of-the-art medical office building is part of the area’s new healthcare redevelopment wave; JLL tapped to lease the property

Keeler Markwood Group, a commercial real estate development firm based in Westchester County, announced the construction of a new Class A medical office building soon to rise at 6 & 8 Chester Avenue in downtown White Plains.

The new building, which is one of the first private investments to become a component of the burgeoning healthcare corridor in White Plains, is situated in immediate proximity to the expanding White Plains Hospital and the its future outpatient care facility.

“We are bullish on White Plains, arguably one of New York City’s most vibrant suburbs,” said Sam Dickinson, principal, from Keeler Markwood, who added in the past few years, downtown has been revitalized and offers a wide diversity of shopping and an array of hospitality options. “But now, as White Plains Hospital grows and medical professionals need to be located nearby, a virtual healthcare hub has been created downtown, capable of serving patients throughout the county.”

According to JLL’s Stephanie Coleman, vice president, who together with Al Gutierrez, managing director, have been tapped by Keeler Markwood to market the new property, “the availability rate for medical office buildings in White Plains is at its lowest point in over a decade. Mergers and acquisitions are adding to the heightened demand for medical space, and JLL has already received multiple inquiries about the availability of this newest medical building coming to the market, which is capable of accommodating either a single user or multiple tenants.”

The building also offers parking, high ceilings and an unencumbered roof that can be used for back-up generation, if needed. Its floor plates will allow for maximum configuration flexibility.

“While the building will be modern and aesthetically pleasing, it will also be designed to meet the requirements of Article 28. We plan to create the ultimate patient experience within the structure of a highly-functional medical office building,” said Keeler Markwood principal Matthew Tritt.

The area’s overall population growth is driving the demand for more healthcare facilities and medical office space, so it follows the future rent growth that will come from the buildings that accommodate medical professionals and their patients.

JLL is a leader in the New York tri-state commercial real estate market, with more than 2,800 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services. In 2018, the New York tri-state team completed approximately 30.8 million square feet of lease transactions; arranged investment sales, notes, debt and equity transactions valued at more than $9.1 billion; managed projects valued at $10.3 billion; and oversaw a property management, facilities management and agency leasing portfolio exceeding 186.7 million square feet.

About Keeler Markwood Group

Keeler Markwood Group (KMG) is a real estate development company based in White Plains, NY. KMG is active in the Greater New York area with New York City and Westchester County being areas of specific focus. Principals Matthew Tritt and Sam Dickinson are both Westchester County residents bringing local expertise to their various projects. Mr. Tritt has overseen numerous ground-up development projects with experience spanning more than 15 years in both running his own construction company as well as representing other developers in their projects. Mr. Dickinson brings more than 20 years of experience in the financial services industry and is a chartered Financial Analyst.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000 as of March 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visi tjll.com