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MetLife leases 7,000 sf at Murray's Teleport II.

Metropolitan Life Insurance Company, one of the world's largest insurance and financial services firms, has moved a district office to Teleport II at the Teleport, the 250-acre satellite communications center on Staten Island.

This was announced by Teleport Associates, a joint development of Murray Construction Co., Inc. of Springfield, New Jersey, and Silverstein Properties of New York City. According to Jeffrey J. Siegel, senior vice president at Murray Construction, MetLife has leased 8,000 square feet of space in the 170,000-square-foot building. The lease was negotiated by Franklin Speyer, Richard Kennedy, and John Peters of Cushman & Wakefield in New York City, exclusive leasing agents for the building.

Bill Horner, district sales manager at MetLife, noted that the firm's Personal Insurance Operation has moved its Cherry Lane, New York district office from another Staten Island location. Teleport II will house a staff of 40 sales representatives, four sales managers, one district sales manager and an administrative staff of 10.

According to Murray Construction's Siegel, MetLife will be able to take advantage of the fiber-optic network and other state-of-the art communications benefits the Teleport offers.
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Title Annotation:Metropolitan Life Insurance Co. leases office space in Staten Island, New York, New York
Publication:Real Estate Weekly
Date:Dec 2, 1992
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