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65,000 s/f lease biggest in Greenwich this year.


Cushman & Wakefield announced that AQR AQR Association for Qualitative Research (UK)
AQR Airline Quality Rating
AQR AnĂ lisi Quantitativa Regional
AQR Assured Quality Routing (iBasis)
AQR Applied Quantitative Research
 Capital Management signed a long-term lease for 65,000 s/f at 33 Benedict Place, a 126,810 s/f Class-A office building in Greenwich, Conn.

AQR Capital Management LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, one of the world's largest hedge funds with more than $35 billion of total assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. , has leased 65,000 s/f on the top two floors of 33 Benedict Place. The deal is the largest office lease signed in the Greenwich CBD (Component Based Development) Building applications with components (objects). See component software.

CBD - component based development
 this year.

The property is owned by a partnership of The Willett Companies and Hines, which purchased the four-story building in 2005 from Unilever Home & Personal Care, currently the building's sole tenant. Unilever will begin vacating the building in early 2008.

AQR has been growing steadily since relocating to Greenwich from New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 in 2004. The firm plans to keep its headquarters at 2 Greenwich Plaza as well as its space at Greenwich Office Park.

Jay S. Hruska, executive vice president of Cushman & Wakefield, serves as the exclusive leasing agent for the property. Hruska, together with Hines vice presidents Frank Saphire and Bart Swenson, have led an aggressive marketing campaign, targeted primarily at financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 firms, to pre-lease the property. AQR was represented by David L. Hoffman, Jr., executive managing director/principal of Colliers ABR (1) (AutoBaud Rate detect) The analysis of the first characters of a message to determine its transmission speed and number of start and stop bits.

(2) (Available Bit R
, Inc. and Patricia L. Frisch, Esq. of Frisch & Frisch.

"Given the strong demand for premium office space in downtown Greenwich, procuring a large block of space in this market environment is practically a contact sport," said Hoffman. "AQR perceived the value of partnering with a top landlord and management company and seized the opportunity to grow in Greenwich for the long term."

"We have had overwhelming interest in 33 Benedict Place, with leasing proposals circulating at times for more than twice the size of the entire building," said Hruska.

A major multi-million dollar interior and exterior capital improvement program will begin when Unilever vacates the building in the spring of 2008.
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Comment:65,000 s/f lease biggest in Greenwich this year.
Publication:Real Estate Weekly
Date:May 30, 2007
Words:326
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