News: Brokerage

Newmark Knight Frank negotiates two leases totaling 55,470 s/f; includes 31,142 s/f by Madison, Cutler and Banker of NKF

Newmark Knight Frank (NKF) brokered two leases at The Centre at Purchase, a four-building corporate campus, totaling 55,470 s/f. Guggenheim Partners, LLC, signed a long-term lease for 31,142 s/f. The firm will occupy a portion of the top floor of 4 Manhattanville Rd. and is expected to move in by July 1st. Additionally, Hitachi Metals America, Ltd., renewed its lease for another 10 years to occupy 24,328 s/f at 2 Manhattanville Rd. Hitachi Metals has been a tenant at The Centre at Purchase since 2002. Guggenheim Partners was represented by NKF's Daniel Madison, executive managing director, and E.N. Cutler, managing director, who are based in the firm's N.Y.C. office; and Stephen Banker, managing principal of NKFs Greenwich, Conn., office. NKF managing director Michael McCall represented ownership, OCC Purchase LLC, a joint venture between George Comfort & Sons, Inc., and O'Connor Capital Partners. Hitachi Metals was represented by Austin Corporate Properties, Inc. president Carl Austin, who worked with VP Phil Luria on the deal.
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

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