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C&W gets aggresive with International assignment.


Cushman & Wakefield announced its appointment by Reckson Associates Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Corp. to serve as exclusive leasing agent for One and Two International Drive at Reckson Executive Park in the Village of Rye Brook. The two buildings total 180,000 s/f.

The company has launched an aggressive marketing campaign to lease the space for multi-tenant use or as a headquarters location for large corporate users.

A multi-million dollar capital improvement program is currently underway to reposition the well-established, Class-A office park to meet the business requirements on a 24-hour/7-day basis of today's discerning corporate tenancy.

The repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery.  program is significant and includes upgraded infrastructures, advanced technological support and extensive interior and exterior renovations including the creation of impressive lobbies and entry plazas, and dramatic landscape redesign, which will create an elegant drive up and approach vistas for the tenants and visitors of the park.

Reckson has partnered with the preeminent pre·em·i·nent or pre-em·i·nent  
adj.
Superior to or notable above all others; outstanding. See Synonyms at dominant, noted.



[Middle English, from Latin prae
 architectural and planning firm of Beyer Blinder Belle to handle the interior renovations and M. Paul Friedberg M. Paul Friedberg, FASLA, (born 1931) is an American landscape architect. Biography
M. Paul Friedberg was born in New York City where he attended Cornell University. In 1954 he emerged with a Bachelor of Science degree.
 & Partners Landscaping to undertake the exterior master plan for buildings One and Two, as well as for the balance of the six-building office park.

Cushman & Wakefield vice chairman John Cefaly together with senior directors Maureen O'Boyle and Gerry Lees serve as the leasing team representing ownership. This assignment marks the first time that Reckson has hired an outside agent in the Westchester County market to handle a property's leasing.

"The renaissance of One and Two International Drive will be instrumental in our efforts to bring this property to full occupancy," said Ms. O'Boyle. "The buildings are being reconfigured to meet the security, power and communications needs of the world's leading corporations, particularly those of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 firms."

The buildings will be able to accommodate tenants with requirements as small as 5,000 square feet, as well as full-building users. One and Two International Drive are each comprised of 90,000 square feet on three floors. "One and Two International Drive offer an exceptional opportunity for large tenants to lease an entire building and gain high visibility, top-rate tenant amenities and the prestige of tenancy in a Reckson property," said Mr. Lees.

"The buildings are also ideal for multi-tenant use because the floorplates are large and the blocks of space will subdivide TO SUBDIVIDE. To divide a part of a thing which has already been divided. For example, when a person dies leaving children, and grandchildren, the children of one of his own who is dead, his property is divided into as many shares as he had children, including the deceased, and the share  nicely."

One and Two International Drive were acquired by Reckson in 1997. Major tenants in the six- building park include Verizon, Commerzbank, Compass Group The British company Compass Group LSE: CPG is one of the largest food service businesses in the world. It provides catering services to many types of institutions, for example schools, hospitals, companies and nursing homes. , Parsons Parsons, city (1990 pop. 11,924), Labette co., SE Kans.; inc. 1871. It is a shipping point for dairy products, grain, and livestock. Manufactures include ammunition, wire and paper products, plastics, and appliances.  Whittemore, OpHedge Investment Services, Hoenig Group, Meyer Handleman, and The Navigators Group. Reckson Executive Park in the Village of Rye Brook is a Class-A corporate complex on 76 acres on the prestigious Westchester/Greenwich border.

The property is located on the King Street corridor, which is home to many hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long"  and money management firms as a result of its proximity and connectivity with downtown Greenwich, Conn. and the bedroom communities of Purchase, Harrison and Armonk, where many of the owners and executives of these investment firms live.

The repositioning of Buildings One and Two will focus on creating the ambiance am·bi·ance also am·bi·ence  
n.
The special atmosphere or mood created by a particular environment: "The noir ambience is dominated by low-key lighting . . .
 and high-quality space these firms desire.
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Title Annotation:Cushman & Wakefield Inc.
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Mar 22, 2006
Words:510
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