|
Leasing update
Leasing activity at W&H's nine Pre-War Trophy towers has remained strong throughout 2011, and we expect the momentum to continue in the fourth quarter. Some of the recent transactions include:
- Access.1 Communications Corp., an owner and operator of radio and television stations, leased a pre-built suite on the 14th floor of 112 West 34th Street. Tenant broker: Ruth Colp-Haber of Wharton Property Advisors.
- CIBT, INC., a travel visa and passport company, leased space on the 12th floor of One Grand Central Place. Tenant broker: Ken Ruderman of Studley.
- Haver Analytics is expanding its headquarters at One Grand Central Place. It renewed the entire 33rd floor, which contains 12,370 square feet, and leased an additional 3,811 square feet on the 34th floor. Tenant brokers: Jeffrey Peck and Gary Kerper of Studley.
- Leviton Manufacturing, one of North America's leading makers of electrical wiring devices, data center connectivity solutions and lighting energy management systems, leased a high-end pre-built suite on the 19th floor of 112 West 34th Street. Tenant brokers: Josh Kuriloff and Jodi Roberts of Cushman & Wakefield.
- Pantries, a restaurant/café, leased 5,125 square feet on the ground floor of, and building arcade at, One Grand Central Place. Tenant broker: Harvey Shaw of Prudential Douglas Elliman.
- Publishing Group of America leased space on the 11th floor of One Grand Central Place. Tenant broker: Toby Banta of UGL Equis.
- SolArc, a provider of commodity trading and risk management solutions, leased space on the 21st floor of 112 West 34th Street. Tenant broker: Chad Beck of Jones Lang LaSalle.
- Starbucks has taken the last remaining retail space at 1350 Broadway. Tenant broker: David Firestein of Northwest Atlantic.
- Walgreens, the nation's largest drugstore chain, renewed its lease on the ground floor of the Empire State Building at the corner of Fifth Avenue and 33rd Street, and exchanged 10,000 square feet on the concourse level of the property for 10,000 square feet on the second floor. The chain's total square footage remains 18,818 square feet. (See story for details.)
|