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JLL lands three tenants at Boston Properties center.


Jones Lang LaSalle Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Fortune magazine's list of the 100 Best Places to Work in the U.S.  has completed three transactions totaling 14,432 square feet on the 59th floor at Citigroup Center, 153 East 53rd Street, for building owner Boston Properties Boston Properties, Inc. (NYSE: BXP) is a self-managed real estate investment trust (REIT) based in Boston, Massachusetts. Its primary focus is "Class A" office space which it acquires, develops, and manages in the major markets of Boston, New York City, Washington, D.C. . Corinthian Capital leased 6,136 square feet; Silver Creek Capital took 4,288 square feet; and Thatch, Ripley & Co. signed for 4,008 square feet.

Building owner Boston Properties was represented by Frank Doyle, managing director, Cynthia Wasserberger, senior vice president, and David Kleiner, vice president, all with Jones Lang LaSalle's 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
 office.

The team worked closely with Boston Properties senior vice president Andrew Levin throughout the process.

Thatch, Ripley was represented by Paul Amrich of Cushman & Wakefield Inc., Silver Creek Capital was represented by John Johnson and Nick Farmakis of Studley, and Corinthian Capital was represented by Rob Meyers 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. .

"Our campaign to create prebuilt pre·built  
adj.
Of, relating to, or constituting a structure or a portion of a structure that is constructed or assembled before being transported to its site of installation; prefabricated: a prebuilt home. 
 space on the top floor of Citigroup Center has been very successful," said Doyle. "All three companies were able to occupy top-quality individual suites on the penthouse floor of the building--a floor that typically goes to larger institutional-type tenants."

Private equity firm Corinthian Capital leased 6,136 square feet for 10 years. The new company was formed by a group of executives that includes Lincolnshire Management chairman emeritus Steve Kumble.

Fund of funds Fund of Funds

A mutual fund that invests in other mutual funds.

Notes:
For example, an investor would select a general risk profile and the fund-of-funds manager would pick underlying investments from a range of products managed by external managers.
 group Silver Creek Capital took 4,288 s/f for 10 years. The Seattle, Wash.-based company sought space in the building for its New York headquarters.

Thatch, Ripley signed for 4,008 s/f for two years. The space will serve as a marketing office for a new luxury residential development located on Second Avenue and 53rd Street.

The company sought out the space as it offered a clear sight of the residential project from its penthouse suite.
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Publication:Real Estate Weekly
Date:Oct 5, 2005
Words:290
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