News: Brokerage

Austin of Austin Corporate Properties brokers 5,000 s/f lease

According to Austin Corporate Properties, New York City-based IMG Worldwide has leased 5,000 s/f at Gateway, One North Lexington Ave., owned by the State of Alaska Pension Fund. Carl Austin of Austin Corporate Properties represented IMG on this lease. IMG is a sports, entertainment and media company. IMG is a global leader in event management and talent representation across golf, tennis and fashion and has a presence in many other sports, cultural and lifestyle categories. Their media division is one of the world's top independent producers of sports and entertainment television across multiple genres and is an emerging leader in video and interactive content creation for broadband and mobile platforms. Founded in 1960 with a handshake between Mark McCormack and golf legend Arnold Palmer, IMG has grown into a global operation. In 2004, renowned entrepreneurial pioneer Ted Forstmann acquired the company and infused it with renewed energy, creativity, and strategic direction.
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