Innovative Technology Group to Relocate Headquarters to Amenity-Rich Kingsbrook Complex

George Comfort & Sons, Inc. announced today the signing of a 14,140-square-foot lease with SCHOTT Corporation at Kingsbrook, its recently renovated six building complex located at 1100 King Street in Rye Brook, NY.

SCHOTT is a leading international technology group in the areas of specialty glass and glass-ceramics. The company has more than 130 years of outstanding development, materials and technology expertise and is an innovative enabler for many industries, including the home appliance, pharma, electronics, optics, life sciences, automotive and aviation industries. The company will relocate its North American corporate offices from 555 Taxter Road in Elmsford in the first quarter of 2021.

“This has been a challenging and uncertain time for everyone in the New York-Metro region, so it’s encouraging to see leasing activity as SCHOTT joins our prestigious tenants at the premier office destination we’ve cultivated at Kingsbrook,” said Peter Duncan, CEO of George Comfort & Sons. “We’ve always been big believers in the Westchester market, and we’re optimistic that it will continue to be a draw for forward-thinking companies over the long-term.”

Acquired by a joint venture of George Comfort & Sons and DRA Advisors in 2018, Kingsbrook is located on an immaculately landscaped 25 acres. It features recently renovated lobbies and common areas, plus extensive amenity offerings with conference facilities, three cafes, two fitness centers, ample parking, and shuttle service to the nearby Port Chester Metro-North station. Also provided are outdoor seating and activity spaces that feature volleyball and bocce courts.

The six building, 565,000-square-foot office complex is conveniently located near the Westchester County Airport, Hutchinson River Parkway, I-287, I-95, and I-684 and boasts a diverse tenant roster, which includes POP Displays, Nomura, Xylem, Compass Group and the Leukemia & Lymphoma Society.

SCHOTT Corporation was represented in the transaction by Managing Directors Maureen O’Boyle and Gerry Lees of Cushman & Wakefield. George Comfort & Sons was represented in-house by Senior Vice President Dana Pike as well as by Senior Vice President Brian Carcaterra of CBRE.

About George Comfort & Sons

Founded in 1919, George Comfort & Sons specializes in acquisitions, asset and property management and brokerage, and offers full service leasing, construction and finance capabilities. It owns and operates a commercial real estate portfolio of approximately 14.5 million square feet nationwide. In addition to its New York headquarters, it has offices in Purchase, NY and Stamford, Conn. For more information about George Comfort & Sons, Inc., please visit www.gcomfort.com

About DRA Advisors

DRA Advisors LLC is a New York-based registered investment advisor specializing in real estate investment management services for institutional and private investors, including pension funds, university endowments, sovereign wealth funds, foundations, and insurance companies. Since DRA was founded in 1986, the firm has acquired over $33 billion of real estate, including 79 million square feet of industrial, 59 million square feet of office, 82 million square feet of retail and 74,000 multifamily units. As of December 31, 2019, DRA has $11.6 billion in gross assets under management. http://draadvisors.com