Magazine inks 26,000 s/f Park lease.

Grubb & Ellis Company announced the firm represented Institutional Investor Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. in a 26,012 s/f lease for the entire 12th floor at 230 Park Avenue South.

Grubb and Ellis' senior managing director Joe Hilton represented the financial magazine, owned by Euromoney Institutional Investor plc Euromoney Institutional Investor PLC, 70%-owned by the Daily Mail and General Trust Group, was founded in 1969. It is the market leader on international financial publishing and event organisation. , a subsidiary of the United Kingdom's Daily Mail and General Trust Daily Mail and General Trust plc (DMGT) is one of the UK's largest media companies and has interests in national and regional newspapers, television and radio. While the majority of the company's activities are based in the UK, it does have worldwide operations. plc.

The publication currently leases 76,000 s/f at 225 Park Avenue South for its corporate headquarters, and acquired the 230 Park Avenue South space to accommodate growth within the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . It recently acquired Metal Bulletin and several other companies. Institutional Investor chose to expand to 230 Park Avenue South due to the building's close proximity to the publication's headquarters and headquarters support operations.

The quality of ownership, management and systems also played an important role in the decision.

Andy Roos and Paul Milunec of GVA GVA

general visceral afferent system of nerves. Williams were the leasing agents for the building and Rose Associates is the managing agent.

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Publication:	Real Estate Weekly
Date:	Dec 20, 2006
Words:	158
Previous Article:	Candlemaker's bright move to Flatiron District.
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Topics:	Leases Newspaper publishing Periodical publishing Real estate industry

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