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Posted: April 11, 2011
Mesmer of Colliers International reps Northern Start Textile in two deals; Ellman of Ellman acts for Corebrand in 10,000 s/f renewal
In two separate transactions totaling 20,000 s/f, Colliers International has arranged a long-term lease and extended an existing tenant's lease, at 122 West 27th St.
Perry Mesmer, an executive managing director at Colliers International, represented the landlord, Northern Start Textile Corp., in both transactions.
J Edlin Interiors Ltd., a producer of custom furniture, relocated within the area to West 27th St. because its business had grown by 25%, expanding its footprint to 10,000 s/f.
Corebrand Communications, LLC., a corporate branding firm, renewed its 10,000 s/f lease in the building.
"Corebrand was happy with the building and thought it best for its business to extend the lease," Mesmer said. "For J Edlin, we were able to provide the expansion space they needed while helping them remain in a neighborhood central to their industry."
122 West 27th St. is a 120,000-s/f office building in trendy Chelsea, just one block from the Fashion Institute of Technology. Other tenants in the building include Micro Office Solutions, Howell, Belanger, Castelli Engineering, Sonic Boom, Inc. and the executive offices of Greenwich House, Inc.
Marc Ellman, of Ellman Realty Advisors, represented Core Brand in the transaction.
Colliers International is the third largest commercial real estate services company in the world with 15,000 professionals operating out of more than 480 offices in 61 countries. A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. The latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate firm in the world.
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