News: Brokerage

Hollander, Kraut and LaManna of CBRE negotiate a 20,556 s/f lease

CB Richard Ellis has arranged a 20,556 s/f lease for Kirby McInerney & Squire LLP, a leading national law firm specializing in consumer and securities fraud, at 825 Third Ave.  Kirby McInerney plans to relocate its offices from 830 Third Ave. and occupy the entire 15th and 16th floors of the 40-story office tower by mid year 2008. The building is owned by The Durst Org. and net leased to global media giant Condé Nast. The CBRE team of David Hollander, Greg Kraut, and Vincent LaManna negotiated the long-term lease transaction on behalf of Kirby McInerney.  CBRE's Kenneth Meyerson and Gregory Tosko acted on behalf of Condé Nast.  "The large floor plates within the building work very well for a law firm and our client was able to benefit from an existing installation," said Kraut. Located on Third Avenue between 50th and 51st Sts., 825 Third Ave. is a class A, boutique office property built in 1969.  The building is centrally located and is in close proximity to numerous major transportation arteries and amenities.
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