Eynon and Mangiacotti of CBRE leases 8,900 s/f to TranSystems

TranSystems Corp. has signed a lease for 8,900 s/f on the ninth floor of W&H's Empire State Building, according to Stephen Eynon, director of leasing at CB Richard Ellis (CBRE). The landlord will build out the space for occupancy in May. Joseph Mangiacotti of CBRE represented TranSystems. "This is the latest in a long line of established, credit-worthy organizations to make its home in the Empire State Building," said Eynon. "In regard to the TranSystems' lease, a determining factor was our in-house capability to construct the space on behalf of the tenant. The combination of capability and financial commitment to pre-builts and build-to-suits helped solidify the deal." Soaring 1,454 feet above Midtown Manhattan, the Empire State Building is the World's Most Famous Office Building. With new investments in infrastructure, public areas and amenities totaling more than $500 million, the Empire State Building has attracted first-rate tenants in a diverse array of industries from around the world. Upgrades - planned and completed - include a strategic repurposing of the ground floor retail mix and a comprehensive restoration of the Empire State Building's art deco lobby and ceiling, along with the creation of a dedicated 34th Street tenant entrance. A new messenger center, modernization of the building's systems, new restrooms, air-conditioned public corridors, and new, improved multi-layered security systems comprise some of the building's contemporary amenities. All 65 marble elevator cabs have been refurbished and the building's 6,500 windows have been replaced, increasing the Empire State Building's energy efficiency and earning it a coveted "Energy Star" designation. The Empire State Building is part of the W&H Properties portfolio. Broker commissions are paid in full at lease signing.