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Nike just does it at 83,000 s/f on Eighth Avenue.


Nike USA, Inc. has signed a 10-year lease for approximately 83,000 square feet at 111 Eighth Avenue, where the company will establish its New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 headquarters and showroom, according to Paul Pariser, principal and co-founder of Taconic Investment Partners. Taconic, along with Jamestown and the 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
 Common Retirement System, owns the building.

"Nike's lease marks the further diversification of 111 Eighth Avenue's tenancy, with yet another top-name corporation joining our roster," says Mr. Pariser.

"The building is home to leaders in the advertising, publishing, banking and telecommunications industries, and now is attracting top footwear and apparel companies as well. Its features and location allow for a diversified group of market-leading enterprises to work within one large office building."

Building tenants include: Deutsch Advertising, Armani A|X, DoubleClick, Kmart, Level 3 Communications
Not to be confused with L-3 Communications, a communications system company.


Level 3 Communications NASDAQ: LVLT is a communications and information services company headquartered in Broomfield, Colorado, USA.
, Sprint, Time Warner Telecom Time Warner Telecom NASDAQ: TWTC is headquartered in Littleton, Colorado.

The company provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP and security, to enterprise
, WebMD, barnesandnoble.com, and Yamaha. Taconic Management Company LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, the property manager, in conjunction with CB Richard Ellis' Brian Gell and Susan MacWilliams, negotiated the transaction on behalf of building ownership.

Joseph Thanhauser and Gordon Ogden of Byrnam Wood LLC represented Nike.

"The energy and creativity of the Chelsea/ Meatpacking meatpacking or meat-processing, wholesale business of buying and slaughtering animals and then processing and distributing their carcasses to retailers. The livestock industry is among the largest in the world.  District, together with 111 Eighth Avenue's unique floor plates, provides a compelling combination for leading creative companies," says Mr. Gell.

NIKE USA, Inc, based in Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities.

111 Eighth Avenue, the former Port Authority Commerce Building, is a 16-story, 2.9-million-square-foot Class-A office building spanning the entire block between 15th and 16th Streets, and 8th and 9th Avenues.

Building features include: 15' ceilings, 10' windows, multiple fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber  and telecom providers, renovated lobbies, a newly installed state-of-the-art access control and security system, refurbished elevators, new multi-tenant corridors and bathrooms, extraordinary electric power, a 24-hour parking garage below the building, and large elevators that can carry trucks weighing up to 35,000 lbs. to each floor.
COPYRIGHT 2004 Hagedorn Publication
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Jamestown, New York Common Retirement System
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Sep 22, 2004
Words:328
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