The New York office of Coldwell Banker Commercial (CBC) Alliance has announced that real estate firm Tarter Stats O’Toole (TSO) has joined its growing brokerage operation.
TSO has served the office and retail commercial real estate market in Manhattan for over three decades. It is the exclusive broker for over three million square feet of properties in total, including such landlords and assets as LPC Realty Advisors I, Ltd. and 250 west 39th Street; Zamir Equities and 587 5th Avenue; Hartz Mountain Industries/Leonard Stern; and Renaissance Properties and Kenneth Fishel.
The firm’s three partners, Catherine O’Toole, Stephen Tarter, and Nora Stats, as well as a staff of seven brokers, are now part of CBC Alliance, significantly strengthening the firm’s NYC operation.
CBC Alliance — overseen by managing principals Richard Selig and Peter Sabesan — is part of the national organization comprised of several firms in major markets across the country.
“With the addition of TSO, we are well ahead of our growth strategy within the New York City market,” said Obie Walli, CEO for CBC Alliance.
“The talented professionals that make up the Tarter Stats O’Toole organization have worked with top landlords all across the city and represent another key component in CBC Alliance’s growth into a commercial real estate leader,” said Peter Sabesan, managing principal for CBC Alliance.
“The TSO expertise in landlord representation combined with our asset management division headed by Steve Pressler puts us well on our way to creating an unmatched full-service brokerage firm for New York City businesses and landlords.”
Catherine O’Toole, who will serve as a managing principal of CBC Alliance, said, “Our decision to join this organization is driven by its potential for continued growth and success.
“We have a high regard for the national network CBC Alliance is building and we are excited to deliver a broader range of value-added services to our clients.”