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Deals & Dealmakers

LEASES: Durst Org and Port Authority sign energy firm at 1WTC, Winter Properties signs four new tenants at 3 E. 28th St

NEW YORK

CBRE’s Stuart Siegel, Matt Bergey and Kylie Van Buren represented owner Winter Properties in four new full-floor leases totaling 22,300 s/f at the newly-renovated 3 East 28th Street. Asking rents were between $65-$85 per square foot in the four transactions:

• GenSight Biologies Inc. leased the entire 12th floor and newly-created rooftop. Charles Conwell III of ABS Partners Real Estate LLC represented GenSight.

• Senator International Inc. leased the entire ninth floor of the building. Senator was represented by JLL’s Jim Wenk and Kirill Azovtsev.

• One Madison Group LLC leased the entire eighth floor. Cynthia Wallenberger and Hayley Shoener of JLL represented One Madison.

• Five Points leased the entire second floor. Michael Heaner of the Kaufman Organization represented Five Points.

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The Durst Organization and The Port Authority of New York and New Jersey announced Energy Capital Partners has signed a 10-year lease for 6,173 s/f on the 48th floor of One World Trade Center. Energy Capital Partners was represented by Eric Zemachson and Corey Borg of Newmark Knight Frank. The Landlord was represented by Karen Kuznick of The Durst Organization and Justin Royce of Cushman & Wakefield. One World Trade Center’s 381,668 s/f prebuilt program occupies nine floors with suites ranging in size from 2,100 to 27,320 s/f. Twenty-eight tenants have joined the program, including Energy Capital Partners’ new neighbor, Sailthru, who moved in earlier this month. There are 15 units remaining.

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The first lease for a full-floor pre-built space at 251 West 30th has been signed by 4Catalyzer, a start-up accelerator for pharmaceutical and medical technology companies. The 6,400 s/f 11th floor space is the first of three pre-built offices to be leased at the building since it was acquired last year by a partnership comprising Herald Square Properties (HSP) and Marciano Investment Group (MIG). The Newmark Knight Frank office leasing/investment sales team of Billy Cohen, Andrew Weisz, J.D. Cohen and Evan Foley represented both landlord and the tenant.

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Hunt Corporate Services announced the following leases:

• VidaBox has leased 8,605 s/f of space at 125 Newtown Road, Plainview. David G. Hunt, president, represented the landlord, Anton-Cerrone Associates in the lease transaction. Jeffrey L. Horn of Schacker Real Estate Corp represented the tenant. VidaBox produces a variety of digital entertainment and control solutions.
• T-Mobile leased 1,800 s/f of retail space at 384 New York Avenue, Huntington. Robert Hirschfeld represented the landlord. T-Mobile is filling space vacated by Radio Shack since it closed more than 1,000 stores since the end of May.

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Admiral Real Estate recently brokered two new office leases at the Briarcliff Manor office located at 325 S. Highland Avenue. The building is now approximately 96 percent leased:

• Briarcliff Pediatric Associates is relocating from the Phelps Memorial Hospital campus to the Briarcliff Manor Office in spring 2018. Amanda M. M. Smith of Admiral Real Estate represented the landlord. Ray Lopez of Better Homes & Gardens Rand Realty represented the tenant.

• StepWISEnow, a balance training and fall prevention group, will open its first location at the property late summer 2017. Amanda M. M. Smith represented both the tenant and the landlord in this transaction.

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Rakow Commercial Realty Group represented the law firm of Bleakley Platt & Schmidt, LLP in the renewal of their 27,000 s/f office space at One North Lexington Avenue, White Plains. Rick Rakow represented the tenant in thelong-term transaction. One North Lexington Avenue is a 532,000 s/f, Class A office building located across the street from the White Plains Transportation Center, with amenities such as a full-service cafeteria, conference center and a concierge. The Landlord was represented by William V. Cuddy, Jr. and Jacqueline Novotny from CBRE.

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GHP Office Realty has signed new leases and renewals totaling 10,571 square feet of office and retail space at 79 East Putnam Ave. The 18,000 s/f mixed-use building, also known as the Outdoor Traders Building, located in downtown Greenwich, CT, is 100 percent leased. Jamie Schwartz, executive vice president of GHP, represented the ownership in all the deals:

• Impax Asset Management (US), LLC, an investment firm headquartered in Great Britain that manages and advises on approximately $6.5 billion primarily for institutional clients, leased a 1,887 s/f office on the second floor of the building for five years.

• Greenwich Organics, LLC, the retail arm of organic mattress and bedding manufacturer Naturepedic, Inc., signed a five year lease for 1,867s/f of retail space with frontage on East Putnam Avenue. The space was formally occupied by The Clean Bedroom, an organic mattress and bedding retailer that vacated the space due to its bankruptcy.

• Leonard Fox Limited, Inc. expanded into 900 s/f of gallery/office space on the second floor of the building while retaining its 608 s/f retail space on the street level. The tenant is a purveyor of fine arts and rare books.

• BD Design Group LLC, a residential architectural firm, renewed its 1,428 s/f office lease on the third floor of the building.

• Mountain Financial Services, LLC, renewed its 945 s/f office on the second floor of the Building. Mountain is a provider of personal bookkeeping services for busy individuals, corporate executives, family office’s and the elderly.
• The Leather Group, Inc. signed a new three year lease for its 773 s/f office on the second floor of the building. They provide their global partners with the finest leathers available in the country or region in which the partners manufacture.

• Nationwide Capital LLC renewed its 627 s/f office lease on the second floor for five years. Nationwide offers a variety of commercial real estate financing options.

• Amynah Dharani, a family and marriage therapist, leased a 551 s/f office on the second floor of the building for two years.

• Polisi Jones Communications, LLC, a strategic communications consultancy that provides strategic external and internal communications counsel, renewed its 300 s/f lease on the second floor.

CONNECTICUT

Newmark Knight Frank (NKF) announce it has signed Ulta Beauty to a 12,700 s/f long-term lease at 1365 Post Road East in Westport, Connecticut. Senior Managing Director Jessica Curtis, Director Nick Marona and Associate Robert Marona represented landlord Forstone Capital in the transaction. Adam Zeiberg, partner at TRUE Commercial Real Estate, represented Ulta Beauty. Ulta Beauty is a national retailer of cosmetics, fragrance, skin, hair care products and salon services. Previously occupied by upscale fashion and lifestyle retailer Anthropologie, 1365 Post Road East is a stand-alone retail building.

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Avison Young and the new owners of 1000 Lafayette Boulevard, Shelbourne Global Solutions, LLC, announce the signing of a new lease for another legal tenant, Connecticut Legal Services, at the Class A office building in Bridgeport, CT that is now home to more than a half dozen top law firms and other legal tenants. Avison Young’s Fairfield/Westchester office was named exclusive agent at the property last Summer. Sean Cahill, Principal and Managing Director and Vice President Lori Baker, were tasked with marketing the 11-story, 215,000 s/f, Class A office building. Connecticut Legal Services, the largest legal aid agency in the state, signed a long-term lease for 4,800 s/f on the ninth floor. DH White Real Estate Services represented the tenant in the deal.

• The law firm of Zeldes Needle Cooper, P.C. (ZNC), a 30-year tenant at 1000 Lafayette, relocated within the building to nearly 16,000 s/f in newly built space on the seventh floor of the property.

• Other legal tenants include the Offices of the United States Attorneys, AHC Law, and Ryan, Ryan Deluca, which signed a new long-term lease for 12,351 s/f on the eighth floor of 1000 Lafayette in the spring.

NEW JERSEY

Colliers International NJ arranged a sublease with Shredz Supplements LLC at 50 Park Place in Newark, as the subleasing agent. The bodybuilding and weight-loss solutions company will relocate its regional office from Jersey City, N.J., into an 11,200 s/f space at the 15-story office tower. Jason Fray of Savills Studley served as broker for Shredz Supplements. The Berger Organization owns 50 Park Place and previously built out the high-tech offices that Shredz will occupy. Colliers’ Robert Gallucci spearheaded the transaction with Alex Vitro and Richard Mirliss.

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Law firm Carcich O’Shea has leased 2,325 s/f of space at Court Plaza South. Located at 21 Main Street in Hackensack, N.J., the Court Plaza office complex is owned and managed by Alfred Sanzari Enterprises. Stephen C. Jennings, vice-president of leasing and marketing, arranged the lease.

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