News: Brokerage

Mesmer and Meyer of FirstService Williams leases a total of 87,800 s/f

FirstService Williams has arranged a total of 87,800 s/f in new leases at 902 Broadway. The FirstService Williams agency team of Perry Mesmer and Marty Meyer marketed 902 Broadway, a 330,000 s/f building at the corner of West 20th St. in the Flatiron District. "After some tenant transition we leased up about 90,000 s/f in just the past few months, securing tenants in a third of the building for the next ten years," Mesmer said. "902 Broadway is a well-located, well-maintained building that attracts an eclectic mix of tenants." The deals include the following: * Cramer-Kresselt Co., Inc. signed a 10-year, 16,500 s/f lease for the entire fifth floor, relocating from 7 West 22nd St. Rob Silver, of Newmark Knight Frank, represented the tenant. * Lehr Construction signed a seven-year, 33,000 s/f extension for the entire sixth and seventh floors, at 16,500 s/f per floor. * RoadRunner Records signed a five-year, 16,500 s/f renewal for the entire eighth floor. Joshua Goldman, of Cushman & Wakefield, represented the tenant. * Sir Chester Drawers relocated in the building, taking 5,300 s/f on the 14th floor. Mesmer and Meyer also represented the tenant. * FirstService Williams also arranged a 15-year corporate headquarters lease at 902 Broadway with Deer Stags Inc., which will occupy the entire third floor, totaling 16,500 s/f, when the build-out is complete in the first quarter. Other existing tenants include Bayard Advertising, Phipps Houses Services, Della Femina Rothschild Jeary, Milo Kleinberg Design Associates (MKDA), H3 Hardy Collaboration Architecture, among others.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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