CresaPartners negotiates 18,750 s/f at 475 Park Ave.

CresaPartners has negotiated a 5-year, 18,750 s/f lease for Jupitermedia Corp. at 475 Park Ave. Previously, Jupitermedia sublet 16,000 s/f at 475 Park Ave., but the firm's recent acquisition of MediaBistro made it necessary to reconfigure its existing space and add additional space. CresaPartners helped to negotiate a direct deal with the landlord for the tenant's current space on the fourth floor, and an additional 2,750 s/f on the 9th floor. Judd McArthur, senior vice president of CresaPartners represented the tenant and Cohen Brothers, the landlord, represented itself. CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Site Selection and Incentives, Subleases and Dispositions, Lease Administration, Capital Markets, and Facilities Consulting. With more than 45 North American offices, CresaPartners is one of the largest pure tenant representation firms in the U.S. and Canada. Through a partnership with Atisreal international real estate group, CresaPartners is a member of one of the leading real estate organizations in the world, covering 35 countries.