New York
US Renewables Group, LLC (USRG), an investment firm focused on renewable energy industries, has extended its lease for the second time at Ten Bank Street in White Plains, N.Y. Based in Santa Monica, California, USRG maintains its Eastern regional offices at Ten Bank Street, occupying about 2,200 s/f on the fifth floor.
The tenant moved into the building in 2006 and signed its first renewal in 2010. Jeffrey H. Newman, executive vice president of Malkin Properties, the marketing and managing agent for the building, represented the landlord in this transaction, along with senior leasing associate Kimberly Zaccagnino and leasing associate Tara Long. The tenant was represented by Michael McCall of CBRE.
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Adams & Co. Real Estate, LLC, brokered seven deals at 10 West 33rd St. for a total of 10,521 s/f. David Levy, principal of Adams & Co. completed the following deals on behalf of the tenants and landlord, Ten West Thirty Third Associates:
• A nine-year and ten-month, 3,163 s/f new lease for Royal Glove. Asking rent was $43 psf. Royal Glove plans to use the space for offices and showrooms.
• A five-year, 3,053 s/f renewal at for Athalon Sportgear, Inc. Asking rent was $42 psf. Athalon Sportgear plans to use this space for general and executive offices and showrooms for accessories and handbags.
• A 1,090 s/f renewal at for Summer Rio Corp. Asking rent was $42 psf. Summer Rio Corp. plans to use the space as general and executive offices and showrooms for footwear and accessories.
• A 962 s/f renewal for Intercontinental Leathern Industries, Inc. Asking rent was $42 psft. Intercontinental Leathern Industries plans to use this space for general and executive offices as well as showroom space.
• An 880 s/f new lease for OMG Accessories, LLC. Asking rent was $44 psf. OMG Accessories plans to use the space for general and executive office space as well as showroom space.
• An 866 s/f new lease for Biaggi USA, LLC. Asking rent was $44 psf. Biaggi plans to use this space for general and executive offices and a showroom space for luggage and accessories.
• A 507s/f renewal for Pure Element Apparel, LLC. Asking rent was $42 psf. Pure Element plans to use this space as general and executive offices and showroom space.
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Greiner-Maltz announced that BEni Limousines has leased a two story, 10,000 s/f warehouse at 41-14 27th Street, Long Island City, NY. Beni Limousines is a New York City based provider of luxury limousines, sedans, and specialty vehicles for tourists and travelers. Greiner-Maltz brokers Kyle Maltz and John Gallina represented both the lessee and the lessor.
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Commercial real estate advisory firm Okada & Company announced the following transactions:
• Tour company Skyline Tours LLC expanded its Midtown presence at 260 W. 36th Street. Hiro Iwata of Okada & Company represented Skyline, and Rafina Ibragimiva and Catherine O’Toole of Tarter Stats O’Toole represented the landlord.
• Japanese retail chain Muji USA Inc extended its current lease 250 W. 39th Street. Christopher Okada of Okada & Company represented Muji in the transaction and Catherine O’Toole of Tarter Stats O’Toole represented the landlord.
• Nippon Steel & Sumitomo Metal Corporation has expanded its presence in 1251 Avenue of the Americas through a partial assignment of lease held by Gallup Inc. (best known for the Gallup Poll). Keiko Masubuchi of Okada & Company represented all parties involved in the transaction.
• The retail space at 166 Church Street has been leased to the deli & convenience store Church Street Deli. Francis Leung of Okada & Company represented the tenant and the landlord in the transaction.
• Media and print company Docuprint LLC has taken space at 307 W. 38th Street. Ken Lerner of Okada & Company represented the tenant and Seykung Kim of George Comfort & Sons represented the landlord.
• Ken Lerner of Okada & Company represented entertainment company Performers Career Center, LLC who leased a partial floor at 22 W. 38th Street. Seth Jacobson of Alvin Jacobson Realty represented the landlord.
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Savanna announced the following new leasees:
• Sher Tremonte, LLP, a litigation firm, has signed a new lease at 80 Broad Street, occupying 3,822 s/f on the 13th Floor for a five-year term. Hal Stein, Adam Leshowitz and Todd Stracci of Newmark Grubb Knight Frank represented the landlord, an affiliate of Savanna, while Seth Hecht of Colliers International represented the tenant in this transaction.
• Dee Daa, a Thai eatery, has signed a new lease at 31 Penn Plaza, occupying 2,790 s/f on a portion of the Ground Floor for a ten-year term. Amy Zhen and Mark Frankel of Newmark Grubb Knight Frank procured the tenant and represented the Landlord, an affiliate of Savanna, in this transaction.
New Jersey
HomeGoods, TJX Companies’ off-price home fashion retailer, has leased a 24,000 s/f retail location at Edgewater Harbor, announced Levin Management, exclusive retail leasing agent for the property.
The store anchors the 100,000 s/f retail component of this mixed-use development.
Levin’s leasing representative Jake Frantzman negotiated the long-term lease. Jerry Welkis of Welco Realty represented HomeGoods in the transaction.
A project of National RE/sources, Edgewater Harbor sits on the 21-acre former Unilever R&D campus. At build-out, it will include 480 high-end loft and apartment residences and a 1,900-foot river walk along the Hudson.
The property’s first two residential buildings feature ground-level retail space along the project’s Main Street; HomeGoods was the first tenant committed to that portion of the project.
Connecticut
Real estate investment management firms Clarion Partners and Marcus Partners announced the completion of seven new lease transactions totaling 83,772 s/f at Merritt 7 Corporate Park, a, 1.4 million square foot Class–A office property located in Norwalk.
• Your Energy Holding LLC leased 6,820 s/f on the third floor in Building 301. Brett Sherman of Angel Commercial represented the tenant.
• New England Consulting Group, Inc. leased 7,163 s/f on the Penthouse level in Building 401. Torey Walsh of Cushman & Wakefield represented the tenant.
• Great American Group leased 2,343 s/f on the second floor in Building 101. Tom Ashforth of Transwestern represented the tenant.
• Millward Brown leased 50,778 s/f in Building 401. The global marketing research company, which announced the deal last fall, executed the largest transaction of the year in the Fairfield County Central submarket. The tenant was represented by CBRE’s Sean Cahill and Susanne Dengenis.
• CBRE, Inc. leased 3,664 s/f on the second floor in Building 301.
• Verde Energy USA leased 7,335 s/f in Building 101. Patricia Valenti of Newmark Grubb Knight Frank negotiated the lease.
• In addition, an undisclosed Fortune 100 firm leased 5,619 s/f in Building 301.
