Broker completes Times Square run.Trammell Crow Company announced that it has secured a tenant on behalf of FTI FTI Free thyroxine index, see there Consulting for its three-year, 31,000 s/f sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. at 3 Times Square. Dirk Hrobsky and Michael Liss, of Trammell Crow Company 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 , represented FTI Consulting in the negotiations and served as lead advisors, with Paul Chester of P.G. Williamson representing the subtenant sub·ten·ant n. One that rents property, such as land or a house, from a tenant. sub·ten  an·cy n. . The deal is the final transaction in an elaborate trifecta tri·fec·ta n. A system of betting in which the bettor must pick the first three winners in the correct sequence. Also called triple. [tri- + (per)fecta.] for FTI totaling more than $198 million in total transaction value for Trammell Crow Company over the past nine months. In August 2004, FTI's growing business enabled Hrobsky to take advantage of a soft market and secure 93,000 s/f of contiguous space at 3 Times Square--one of the last significant second generation spaces since DoubleClick's 300,000 s/f at 450 W. 33rd St. Yet immediate growth plans only required the firm to occupy two of the three full floors for a total of 62,000 s/f of office space. Shortly thereafter, Hrobsky identified a tenant for FTI's former offices at 622 Third Ave. The sub-tenant at 3 Times Square is Integro Ltd. The full-service insurance brokerage firm provides brokerage and risk management services to commercial clients worldwide. The firm will utilize the space as an executive office. |
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