Broad St. Development signs three leases.

Broad Street Development, owners of 61 Broadway has signed three leases totaling more than 18,000 square feet at the Downtown property located in the heart of the Financial District.

The newest organization to join the tenant roster is the non-profit Young Survival Coalition. In addition, Mitsubishi Logistics America renewed and expanded and Belair & Evans renewed their leases for existing space.

Raymond Chalme, principal of Broad Street Development, made the announcement.

Daniel M. Blanco, executive vice president and director of leasing for Broad Street Development, represented 61 Broadway in the deals, while Jeffrey Nissani of JSN Properties worked on behalf of Young Survival Coalition.

Tomoko Sasaki of Chillmark Consultants negotiated the renewal and expansion for Mitsubishi Logistics America, and Rob Lowe of Cushman & Wakefield represented Belair & Evans.

David R. Lachtman, Esq. of Platte, Klarsfeld, Levine & Lachtman, LLP handled the legal matters on behalf of the ownership.

"The building is conveniently located in the heart of the Downtown business district--a major draw for these organizations," commented Chalme.

"The companies also benefited from the building's superior infrastructure and technological capabilities, as well as the hands-on ownership and management team located at the property." The Young Survival Coalition is the only international non-profit group dedicated to supporting and educating young women about breast cancer. The organization has signed a new 3,800 s/f, seven-year lease for office space which will serve as the headquarter location.

Mitsubishi Logistics America has renewed and expanded its lease at 61 Broadway for 6,175 s/f for a term of five years.

The company was established to service the international transportation requirements and have grown to become a recognized leader in logistics offering global services to a diverse set of manufacturers, distributors, and traders.

Mitsubishi Logistics America is a wholly owned subsidiary of Mitsubishi Logistics Corporation, a member of the Mitsubishi Group of Companies in Japan.

Similarly, Belair & Evans, EC., a general practice law firm, has signed a lease renewal for 8,230 s/f at the Downtown property. The organization will use this office location for ten years.

The 675,000 square-foot, over 95 percent occupied property was built in 1916 and features a diversified tenant base ranging from law firms to financial institutions to not-for-profit organizations.

The tower at 61 Broadway serves as executive headquarters to a wide-range of prominent organizations telecommunications giant Verizon, labor union Professional Staff Congress and international law firm Healy & Baillie.

The building attracts a variety of companies from small space users requiring pre-built and immediate occupancy opportunities to larger firms looking for flexible, contiguous space in the Downtown market and spectacular water and city views.