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Broad Street Development signs new leases at 370 Lexington Ave.


Broad Street Development, owners of 370 Lexington Avenue, recently completed nine new leases at the Midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 office building located just steps from Grand Central Station.

New and existing tenants have committed to more than 13,000 s/f at the popular office property.

370 Lexington continues to undergo several capital improvements, further enhancing the building's greatest features such as the grand lobby, its flexible and functional space, tenant-accessible conference center and views of the Manhattan skyline.

Among the newest tenants to join the roster are: Arthur Chernick, an insurance company, signed a 3,550s/f lease on the fourteenth floor; Great American Insurance committed to 2,314 s/f on the fifth floor; Execuzen, a financial recruitment firm, signed a 2,145 s/f lease on the sixth floor; ProHealth Pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. , a professional consulting and staffing company specializing in the pharmacy industry leased 1,532 s/f of retail space on the ground floor; Raybin Associates, a management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business
service industry - an industry that provides services rather than tangible objects
 firm, signed a 1,073 s/f lease on the fourth floor; The Book Industry Study Group, a nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.

Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law.
 research group comprised of organizations from the publishing industry, leased 1,021 s/f.

"370 Lexington has become one of the most popular Midtown buildings to lease office space, due to the recent capital improvements and our ability to fulfill ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 a wide-range of space needs, from full floors of over 10,000 square feet to smaller units as low as 1,000 square feet," stated David Israni, associate managing director of BSD (Berkeley Software Distribution) The software distribution facility of the Computer Systems Research Group (CSRG) of the University of California at Berkeley. , responsible for the leasing activity at 370 Lexington and an instrumental part of the building's success.

"370 Lexington's ongoing renovations are helping attract new tenants while also maintaining our existing tenants, who are promptly renewing their leases," said Raymond Chalme, principal of BSD "The demand for quality office space throughout Midtown continues to grow and our property offers the ideal solution for users looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 space in the heart of this district."
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Comment:Broad Street Development signs new leases at 370 Lexington Ave.
Publication:Real Estate Weekly
Date:Jul 11, 2007
Words:322
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