Bankers take 8,000 s/f above Saks Fifth Ave.Boutique investment bank MTS Health Partners has signed a six-year lease just short of 8,000 square feet above Saks Fifth Avenue Saks Fifth Avenue is a chain of upscale American department stores that is owned and operated by Saks Fifth Avenue Enterprises (SFAE), a subsidiary of Saks Incorporated. It competes in the elite luxury department store market with Neiman Marcus, Bergdorf Goodman and Barneys New on the 15th floor of 623 Fifth Avenue, formerly known as Swiss Bank Tower (10 E. 50th). The move represents an expansion for MTS, which will be vacating its premises at 45 Rockefeller Plaza. Ivan Hillman of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. acted on behalf of MTS, while 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 represented the owner/developer Charles S. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. . "Everyone worked most diligently to complete this transaction before the end of the year." noted Mr. Hillman. "623 Fifth Avenue was an excellent choice for our client, who wanted to remain in Midtown and who benefited from the high-end pre-built space in the building." According to Curtis Lane, principal, of MTS Health Partners, "We're very pleased to be able to remain along the Fifth Avenue corridor not far from our client base." MTS Health Partners plans to move into 623 Fifth in March and will join a number of other financially-related tenants including Washington Mutual, Satellite Asset Management, Accenture Ltd., Adams Harkness & Hill, Glass & Associates, and Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. . The 36-story property was built in 1991. |
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