A sporting deal for Adams & Co.New York-based brokerage firm, Adams Adams, town (1990 pop. 9,445), Berkshire co., NW Mass., in the Berkshires, on the Hoosic River; inc. 1778. Its manufactures include chemicals, textiles, and paper products. The Berkshire region attracts tourists year-round. & Co. Real Estate, has recently negotiated a renewal and expansion for Loyaltex Fashion Inc., a leader in the sportswear industry. The company renewed its preexisting pre·ex·ist or pre-ex·ist v. pre·ex·ist·ed, pre·ex·ist·ing, pre·ex·ists v.tr. To exist before (something); precede: Dinosaurs preexisted humans. v.intr. lease for 5,250 sq. ft. on the ninth floor, and is taking an additional 5,250 sq. ft. on the eighth floor, totaling 10,500 sq. ft. of office and showroom space at 135 West 36th Street. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Alan Bonett, managing director of Adams & Company, who represented the tenant three years ago in its original lease for the ninth floor space and negotiated the current lease, Loyaltex signed a new 10-year lease for the two contiguous Adjacent or touching. Contrast with fragmentation. See contiguous file. floors. The asking price had been $24 per sq. ft. Fashion Tower Reality Inc. represented the landlord in the transaction. Loyaltex is managing their own renovations, which include installing an internal staircase staircase - jaggies connecting the two floors as well as building out office and showroom space. Other tenants in the 21-story, 103,916-sq.-ft. building include, Dransfield Apparel (USA), Urban Stitching Associates, AO Textiles, IP Blue Technologies, S.F.I. Designs, Inc. and South Ocean Kniffers. "Representing tenants in renewals and expansions is just as important, if not more, than signing new deals in this current market," said Bonett. "This deal is especially exciting because Loyaltex is expanding." Adams & Company is among the top 10 leasing companies in 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. , as measured by total square feet represented. |
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