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Banking firm commits to 53,000 s/f office space.


Misys International Banking Systems (Misys-IBS), a leading supplier of IT solutions for the banking industry, has committed to a total of 53,000 square feet of office space in Manhattan and Rockland County, NY.

The worldwide company leased 34,000s/f of space at 1180 Avenue of Americas and an additional 19,000 square feet at Blue Hill Plaza in Pearl River Pearl River, uninc. village (1990 pop. 15,314), Rockland co., SE N.Y., near the N.J. line. It is a residential suburb of New York City, and a computer and telecommunications research and development center.
Pearl River

River, central Mississippi, U.
, NY.

The 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.  team of Adam Foster and Brad Gerla arranged the multi-market transactions for Misys-IBS. Jones Lang LaSalle Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Fortune magazine's list of the 100 Best Places to Work in the U.S.  acted on behalf of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Life, the ownership of 1180 Avenue of the Americas, while Mack Cali, the landlord of Blue Hill Plaza was represented in-house.

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.
, Misys-IBS consolidated its operations from 45 Broadway and 28 West 23rd Street to the new space at 1180 Avenue of Americas.

The firm required top-tier space situated closer to its customer base in order to house its growing US operations.

The 19,000 s/f lease at Blue Hill Plaza was necessitated by Misys International's recent business line acquisition from Citigroup. The company, which was located in Englewood Cliffs New Jersey, will relocate its entire operations and personnel to the new space in Rockland County.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Dec 8, 2004
Words:199
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