News: Brokerage

Petrie and Hansen of CresaPartners represents 3PAR in the 4,749 s/f lease at One Whitehall St.

3PAR Inc., a provider of utility storage, has signed a 4,749 s/f lease at One Whitehall St., according to CresaPartners. The term is for five years, and the tenant will take occupancy in the spring. One Whitehall St., located between Bridge and Stone Sts., is a 300,000 s/f office building constructed in 1962. It has been continuously owned by Rudin Management Co. and is 100% leased. Major tenants include the Topps Co., The Enterprise Foundation, St. Paul Travelers and International Shipholding Co. 3PAR was represented in the transaction by Jack Petrie, senior vice president, and Kristian Hansen, associate, of CresaPartners. Eugene Baumstein represented Rudin Management.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional