Capstone is stacking up the deals at 14 Wall Street tower.

Cable Media has signed a 13,000 square foot lease for part of the fourth floor at 14 Wall Street, the first of a number of deals that the building's landlord expects on a block of pre-built floors.

The lease is the latest in a pattern of activity that has filled or renewed 200,000 s/f in the one million square foot downtown office building since it was acquired a year ago for $325 million by a partnership between the real estate investment firm, Capstone Equities and private equity firm, The Carlyle Group. Daniel Ghadamian, a co-founder of Capstone who oversees leasing in the building, said that floors 3 through 5, each nearly 40,000 s/f, and part of the 6th floor were carved into pre-built units so that they could be dealt out in smaller deals, but at solid rents for the base of the building.

The strategy appears to be working and Ghadamian said that Cable Media is one among seven firms that are in the process of completing deals to fill 33,000 s/f. He also said that he is in the preliminary stages of another 50,000 s/f of leases. According to a stacking plan for the distinct pyramid-topped tower, nearly 200,000 s/f is available in vacancies of varying size throughout the building, including an opening on the entire 31st floor, the building's 6,709 s/f penthouse. The variety of space has helped the building attract different types of tenants.

Last year, New York University took the 40,000 s/f 10th floor for rents that begin at $44 per square foot. F.J. Sciame Construction Co., a well-known construction firm in the city, also took a floor in a 37,000 s/f deal that begins at $46 per square foot. "Besides NYU and Sciame we are getting attention from public relations firms and software companies," Ghadamian said. The mix of tenants has been important because recent economic tumult has pared back the voraciousness of what is normally the city's biggest space using industry; the financial sector.

"Of all the deals we've done in the last year, only a small percentage have been financial firms," Ghadamian said. "We're not seeing a slowdown in activity, downtown is a relatively inexpensive area in the city where tenants are flocking."

A CB Richard Ellis team led by Howard Fiddle, Brad Gerla, Jonathan Cope and Matt Preotle handle leasing for the building and represented Capstone in the deals. In recent months, Capstone, which was founded by Ghadamian and Joshua Zamir, purchased another downtown office property, the 250,000 s/f building 156 William Street, which the firm acquired for $60 million from the Swiss investment firm AFIAA.

Rama Bassalali, founder of RMB Properties, handled the sale in partnership with Georgia Malone & Company. Ghadamian said that there is about 50,000 s/f of vacancy spread throughout the building and that he expected to begin filling it shortly for rents that will probably rival the $50s per square foot that 14 Wall has been able to achieve.