Treeline signs 216,317 s/f of new leases/renewals in the first half of 2011

The Treeline Co. has completed 216,317 s/f of new leases and renewals in 40 deals signed during the first half of this year throughout their Brooklyn and Long Island office portfolios, according to Kraig Silver, executive vice president. "With 40 new leases and renewals recently signed, Treeline has solidified itself as an owner of choice in both Brooklyn and Long Island," said Silver. "As a result of our top-notch property management team, we are retaining an astonishing percentage of tenants and also attracting new ones despite a still-challenging market." On Long Island, some highlights include Merrill Lynch, Pierce, Fenner & Smith Incorporated's 50,154 s/f renewal at 1225 Franklin Ave. Plaza in Garden City. In nearby 1205 Franklin Avenue Plaza, Colleran O'Hara & Mills renewed for 8,291 s/f. Also at 1205 Franklin, the Law Office of Brian Pascale signed a new 1,547 s/f lease, while the law offices of James L. Dunne picked up 1,005 s/f. Further building on its Franklin Ave. success, Treeline also saw law firms Smith & Brink, P.C. renew and expand to 5,267 s/f, and Brosnan & Hegler LLP renew their 5,435 s/f commitment at 1325 Franklin Ave. Plaza. At nearby 1305 Franklin Ave. Plaza, the multi-specialty physician group Integrated Medical Professionals renewed its 5,151 s/f lease. Also on Long Island, the medical offices of Michael Terrani, M.D., P.C. also signed to expand his 3,308 s/f lease at Treeline's 100 Garden City Plaza in Garden City. Meanwhile, collections agency Communications Credit & Recovery Corporation signed a new 1,732 s/f lease at 200 Garden City Plaza. At 400 Garden City Plaza, the law firm of Moritt Hock Hamroff & Horowitz LLP expanded into an additional 2,923 s/f lease. In Brooklyn, The New Allen School renewed and expanded its 10,806 s/f commitment for the lower level and the third floor at 175 Remsen St., as well as its 4,275 s/f lease on the 11th floor. The New Allen School further showed its commitment to Treeline by renewing for a total of 11,699 s/f at its 188 Montague St. asset. Meanwhile, The City of New York re-signed its lease for 15,170 s/f at nearby 189 Montague St. Knight Equity Markets, L.P., a capital markets firm that provides market access and trade execution services across multiple asset classes, expanded into an additional 3,518 s/f, sixth floor space at the 207,000 s/f 990 Stewart Ave. Established in 1985, The Treeline Companies is a premier, full-service real estate ownership and investment firm based in Garden City, New York. Although Treeline's roots are in Long Island, its branches extend throughout the five boroughs of New York City and the greater New York Metropolitan area. ###