Dean of Swig Equities represents landlord in 42,000 s/f lease at 110 William Street

According to Kent Swig, president of Swig Equities, LLC, the firm has signed a new 42,000 s/f lease at 110 William St. with Pacific College of Oriental Medicine. This latest transaction raised the property's leased rate to 99%. Pacific College of Oriental Medicine, an educational institution for East Asian medicine, has signed a 15-year lease for the expansive space, which includes the entire 19th floor as well as a portion of the ground floor at 110 William St. Pacific College of Oriental Medicine also has locations in San Diego and Chicago. "We continue to experience strong interest in our FiDi portfolio from a vast cross section of industries, and educational institutions," said Swig. "FiDi offers great value, convenient access to transportation and a thriving atmosphere unlike any other neighborhood in Manhattan." Jonathan Dean, senior vice president and director of commercial leasing for Swig Equities, represented the landlord, while Mark Weiss, Robert Eisenberg and Nick Berger from Newmark Grubb Knight Frank represented the tenant. 110 William St. is a 32-story commercial office building containing 900,000 s/f in downtown Manhattan's FiDi office market. Originally constructed in 1918 and later redesigned in 1959, 110 William St. recently completed a major capital improvement program, including lobby renovations, façade upgrades and modernized high-speed passenger elevators. "We are excited to be locating our new facility in 110 William Street, in the heart of the vibrant FiDi neighborhood. Our students, many of whom reside in Brooklyn, appreciate the convenient location right above the Fulton station. We all enjoy the views of the Brooklyn Bridge from this spacious, light-filled facility custom-designed for our educational needs," said Jack Miller, President of Pacific College of Oriental Medicine. "110 William Street offers our tenants the modern luxury and convenience they seek, while the building's setback design provides efficient floor plates with great views and light for tenants to transform space to meet their own unique needs," added Mr. Dean.