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Deals & Dealmakers

LEASES: Kaufman Organization announces 5,212 s/f, 6-year lease

NEW YORK

SAM STEIN

The Kaufman Organization announced that Egami Group, a marketing & communications agency, has signed a 5,212 s/f, six-year lease to relocate its headquarters from 207 West 25th Street to 212 West 35th Street in the Garment District. The New York-based, women and minority-owned firm, which specializes in inspirational marketing in multicultural communities, will utilize the full 10th floor for its executive offices. Sam Stein of The Kaufman Organization represented the landlord, Davidkay Associates, LLC, while Michael Gouygadosh and Abe Bose of Norman Bobrow & Co. Inc. represented the tenant in the transaction. The ownership is also providing a custom design build-out for the tenant. Constructed in 1924, 212 West 35th Street is a 77,067-square-foot, 16-story brick and steel building with modern, open office spaces. Rent in the transaction was $45 psf.

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ERIC S. GOLDSCHMIDT,

Goldschmidt & Associates announced that Eric S. Goldschmidt, senior partner was sole broker in the expansion and lease extension of New York Orthopedics at Two Overhill Road, Scarsdale. The medical practice, a long term tenant, is expanding from 6,705 to 15,128 s/f, almost the entire 3rd floor of the four-story building. The 62,000 s/f property is two blocks from Scarsdale Train Station and across from the Bee Line Bus. It features a 200-space valet parking garage, 2 ADA elevators, and major building upgrades. Major tenants include Stark Office Suites, Westmed, Keller Williams, and numerous medical and office users. The building is currently 95 percent leased.

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DAVID HUNT

Hunt Corporate Services, Inc. announced that Apria Healthcare has renewed a lease for 7,815 s/f at 265 Executive Drive in Plainview. David G. Hunt, president of Hunt, represented the landlord, Anton Cerrone Associates. Jennifer Koehn of Commercial Market Advisors represented the tenant in the negotiations. Apria has been a tenant in the Anton-Cerrone portfolio for the last 17 years. As part of the renewal agreement, the landlord will be reconfiguring the space to suit the changing needs of the Fortune 500 Company. Apria Healthcare is one of America’s leading providers of integrated home healthcare products and services through a network of more than 12,000 health professionals and over 550 branch offices across the nation.­­­­­ Located on the South Service Road of the Long Island Expressway in Plainview, 265 Executive Drive is a 32,620 s/f flex building that is part of an Anton Cerrone Associates portfolio consisting of over 700,000 s/f of office and flex space throughout Nassau and Suffolk Counties. Hunt has exclusively represented Anton-Cerrone portfolio for the last 35 years.

NEW JERSEY

NAI James E. Hanson announced the following leases:

W. JOSHUA
LEVERING

• The Ukrainian National Association leased space at 2200 State Route 10 in Morris Plains. Joshua Levering, SIOR, Nick DePaolera, Andrew Kirshenbaum, Arthur Hixson and Barry Mayer represented the landlord, Parsippany Building, LLC, in the transaction. Constructed in 1985, 2200 State Route 10 is a 65,000 s/f two-story office building on 4.09 acres located along Route 10. The Ukrainian National Association (UNA) is a fraternal society offering a insurance products.

• The Solomon Page Group leased space at Continental Plaza Office Center’s 401-433 Hackensack Avenue in Hackensack. W. Joshua Levering, SIOR, and Nicholas DePaolera represented the tenant in the transaction with the landlord, JD CP Investors, LLC. Solomon Page Group is a staffing solutions and executive search provider. Headquartered in New York City, SPG has over a dozen offices across the United States. Continental Plaza is a three-building 650,000 s/f Class-A high-rise office complex. The complex features 24-hour security guard coverage, a U.S. Post Office, dry cleaners, conference facility, food service on-site, banking and garage parking for over 2,200 cars. The property is located at the intersection of Route 4 and Hackensack Avenue with access to the Garden State Parkway, New Jersey Turnpike, and Interstate 80. It is within walking distance to the New Bridge Landing NJ Transit railroad station. Continental Plaza was acquired by JD CP Investors in 2016 and is currently in the midst of significant capital improvements.

CONNECTICUT

JON ANGEL

Angel Commercial LLC announced that Guaranteed Rate Inc. has leased 2,600 s/f of office space at Southport Crossing, a 37,500 s/f building located at 3530 Post Road in Southport, CT, Jon Angel, president , represented both parties in the trnasactions. Guaranteed Rate is the eighth largest retail mortgage lender in the United States. Headquartered in Chicago, the company has approximately 175 offices across the U.S. and is licensed in all 50 states. Southport Crossing is corporate office building minutes from I-95, the Southport Metro-North Train Station, banks, restaurants, and the new Equinox Fitness Center.

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