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Facelift breathes new life--and tenants--into 655 Third.


Since Mitsubishi International Corporation decided to move its offices to 655 Third Avenue in 2004 and, The Durst Organization improved the property by installing new windows throughout the building and upgrading the HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free  systems, ownership has witnessed a different mix of tenants seeking office space.

On the heels of last year's transaction with Brahman Capital Corporation, Durst announced that Brownstone brownstone, red to brown variety of sandstone. Its unusual color is caused in some instances by the presence of red iron oxide which acts as a cement, binding the sand grains together.  Investment Group and Nikkei Business Publications Nikkei Business Publications, Inc. (株式会社日経BP   America Inc. have joined the tenant roster.

Brownstone Investment Group, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, leased a tower floor in the building. The company, currently located at 633 Third Avenue, will be moving to its new offices this May. Brownstone Investment Group, LLC, trades and invests in High Yield, Distressed, and Crossover Credits. Silvio Petriello, of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  represented the tenant.

Financial institution, Nikkei Business Publications America Inc. leased 1,740 rentable square feet at 655 Third Avenue for a 10-year term, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 The Durst Organization.

Nikkei Business Publications, Inc. is Japan's largest publisher and contents provider, delivering the latest technology and management information through a media mix of magazines, books, websites, partwork, tradeshows, research, consulting, and seminars. Nikkei Business Publication will occupy a part of the 29th floor, the top floor at 655 Third Avenue.

Helena Durst, assistant vice president of leasing represented the owner and Keiko Masubuchi of William B. May represented Nikkei Business Publications America Inc. in the transaction.
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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Mar 22, 2006
Words:226
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