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Jones Lang relocates Wall St. firm.


Jones Lang Lang language
LANG Louisiana Army National Guard
Lang Langobardian (linguistics)
LANG Los Angeles Newspaper Guild
 Wootton Wootton is an English place name meaning place by the wood. See also Wootten.

Places in England called Wootton:
  • Wootton, Bedfordshire
  • Wootton, Dorset
  • Wootton, Hampshire
  • Wootton, Herefordshire
, international real estate consultants, acted on behalf of Waterhouse Securities, a nationwide discount brokerage firm discount brokerage firm

A brokerage firm that discounts commissions for individuals to trade securities. Most discount brokerage firms offer limited advice but reduce their fees by 50% or more compared with full-service brokerage firms.
, in negotiating a 10-year lease consisting of 34,230 square feet at 100 Wall Street. The new premises, possessing an aggregate value of $9 million, will serve as Waterhouse's headquarters. The firm, formerly located at 44 Wall Street, will occupy floors 28 and 29, the top two in the building.

"Our client saw an opportunity to take advantage of the marketplace and to consolidate their various functions into a state of the art facility with emergency power backup," said Mark L. Ravesloot from Jones Lang Wootton who, together with Michael J.U. Monahan, coordinated the transaction.

Larry Waterhouse, chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Waterhouse Securities stated: "100 Wall Street is one of the premier buildings on Wall Street and we are pleased to have our national headquarters at this address."
COPYRIGHT 1992 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Jones Lang Wootton Realty Advisors negotiates commercial lease for Waterhouse Securities at 100 Wall St., New York, New York
Publication:Real Estate Weekly
Date:Jul 22, 1992
Words:146
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