News: Brokerage

JLL represents landlord in 27,000 s/f full floor lease at 875 Third Ave.

New York, NY According to JLL, law firm Kaufman Borgeest & Ryan, LLP, has leased a full floor at Global Holdings Management Group’s Class A Midtown East office tower at 875 Third Ave. 

KBR was founded in 1997 to provide the highest quality legal services to domestic and international clients. The firm specializes in defending professionals and businesses as well as in the representation of insurers, including coverage litigation.  It now has more than 140 lawyers and 230 employees in Manhattan, Garden City, Valhalla and Buffalo, New York, as well as in Los Angeles, CA, Stamford, CT, and Parsippany and Cherry Hill, NJ.  

KBR will relocate from 120 Broadway to occupy 27,117 s/f under a 15-year lease. The company was previously a tenant at Global Holdings’ 99 Park Ave.

JLL leasing professionals overseeing the 875 Third Ave. leasing assignment are led by Paul Glickman, vice chairman; Diana Biasotti, senior vice president; Kristen Morgan, vice president, and Harrison Potter, associate. The tenant was represented by Howard Greenberg, president of Howard Properties, Ltd., Valhalla New York, who has exclusively represented KBR for more than 22 years in partnership with Barry Lewen, a principal at Cresa.

“With over 600 linear feet of windows, 875 Third’s floorplates provide a uniquely efficient envelope for law firms,” said Glickman. “Along with the first-class amenities, transportation and ownership, the building offers an extremely attractive package for today’s tenants,” he added.

Craig Panzirer, senior vice president and director of leasing, Global Holdings Management Group, said: “We are delighted KBR has chosen to relocate to this strategically located, Class A tower that meets all of the demands of today’s office tenants in terms of talent attraction and retention.” 

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