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Brokerage
Posted: April 24, 2009
Stella and Halpern of CresaPartners lease 3,519 s/f
Archway Technology Partners, LLC is expanding into 3,519 s/f at 1040 Avenue of the Americas. CresaPartners negotiated the five-year lease, which is effective immediately. Archway Technology is relocating from 230 Park Ave.
"Archway Technology's rapidly growing client base and increased number of employees necessitated a move to larger space," said Bob Stella, executive VP and principal, of CresaPartners. "Companies like Archway are in a great position to find desirable space in class A properties, as the market continues to favor tenants, particularly those whose businesses are thriving despite the recession."
Stella and Justin Halpern, associate at CresaPartners, represented the tenant. Matt Leon, Bill Cohen and Ryan Kass of Newmark Knight Frank negotiated for the building owner.
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