Written by Joshua Bird
A joint venture has sold a new 303-unit luxury apartment complex in White Plains, New York, in a transaction arranged by Morristown-based JLL’s capital markets team.
In a news release, the brokerage said an undisclosed buyer purchased the property known as “The Halden,” located at 1137 Westchester Avenue. The deal follows the development team’s completion of the property last year, JLL said, noting the five-story mid-rise community is 96 percent owned. occupied.
JLL represented the seller and procured the buyer. Terms were not disclosed.
The Halden will feature one-, two- and three-bedroom units, with apartments averaging 999 square feet, according to a news release. Amenities include club rooms, meeting rooms, a cafe and lounge, fitness center, pool, and pet spa, and residents have easy access to Interstate 287, the Hutchinson River Parkway, and downtown White Plains.
