News: Brokerage

Cahill and Baker of Avison Young secure 10,000 s/f sublease

Avison Young, the world's fastest-growing commercial real estate services firm, completed a 10,000 s/f sublease on behalf of LogicSource, one of the leading sourcing and procurement services firms, and a current tenant at 20 Marshall St. The Avison Young team of Sean Cahill, principal and managing director of the firm's Fairfield/Westchester office, and vice-president Lori Baker, represented LogicSource, which is subleasing 10,000 s/f of the company's original office space at 20 Marshall St. to HealthPrize, a digital health leader in patient engagement and medication adherence solutions. Judd McArthur of DTZ represented HealthPrize, which is relocating to 20 Marshall St. from a location in neighboring Norwalk, CT. A well-appointed, class-A office building, 20 Marshal Street is ideally located near Interstate 95 and Route 7, in proximity to numerous dining options. "LogicSource is strategically growing its operation in the Dallas metropolitan area, and they turned to our team to identify a high-caliber tenant to sublease a portion of theirspace," comments Cahill. "Reflective of the demand in the market for high-quality space, we were able to move quickly in securing HealthPrize as the subtenant, helping to achieve LogicSource's business objectives."
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