PHH MORTGAGE TO LEASE 97,000 SF OFFICE BUILDING IN AMHERST, N.Y.

AMHERST, N.Y. — Locally based Zaepfel Development is constructing a 97,000-square-foot build-to-suit facility for PHH Mortgage Corp in Amherst. The new office building, which is located at 1760 Wehrle Drive, will feature an open floor plan design and have the capacity for up to 800 employees. PHH Mortgage will move from its current location in Depew, N.Y. to the new facility later this year when construction is completed. Louis Battagliese and John Morrissey of Philadelphia-based Jackson Cross Partners LLC, along with David Schiller of Buffalo, N.Y.-based Pyramid Brokerage, represented PHH. Terms of the deal were not disclosed.