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Internet group subleases 18,000 s/f on Fifth Ave.


Colliers ABR (1) (AutoBaud Rate detect) The analysis of the first characters of a message to determine its transmission speed and number of start and stop bits.

(2) (Available Bit R
, Inc. announced that Internet Commerce Corporation (ICC ICC

See: International Chamber of Commerce
), a leader in e-commerce solutions, has signed a five year sublease agreement with TSYS TSYS Total System Services, Inc.  Prepaid, a subsidiary of Total Systems Services, for 18,548 s/f.

TSYS Prepaid will occupy the entire third floor for its general and executive offices.

Brian Weld, managing director, Colliers ABR, represented ICC in the transaction. The building, owned at the time of the transaction by Emmes, is now owned by The Moinian Group.

"Amy Sole of Emmes was professional and cooperative throughout the process," stated Weld. TSYS Prepaid was represented by Rand Pear, 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. .

"The space was very unique with polished concrete floors, an exposed ceiling, exposed ductwork duct·work  
n.
A group or system of ducts: installed new ductwork in the building. 
, brick walls and a comfortable, large kitchen area. It was a dot com-type space," said Weld. "For most users, it didn't really work, but for the right user, it was the perfect fit."

TSYS Prepaid was previously located at 35 W 35th Street.
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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:May 17, 2006
Words:159
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