Two W&M Properties office buildings garner coveted awards.Two of W&M Properties' Class-A Connecticut office buildings--Metro Center and First Stamford Place--are the focus of prestigious real estate awards, announces Jeffrey H. Newman, executive vice president of W&M Properties, the marketing and managing agent for the buildings. The flagship of W&M's suburban portfolio, Metro Center, located at the Stamford Transportation Center, has won the annual Office Building of the Year (TOBY) award from the Southern Connecticut chapter of the Building Owners and Managers Association This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. (BOMA Boma (bō`mə), city (1984 pop. 197,617), Bas-Congo province, W Congo (Kinshasa), on the Congo River estuary. A port and railhead, it exports tropical timber, bananas, cacao, and palm products. ). In addition, W&M's three-building, 810,000-square-foot office complex known as First Stamford Place is the site of this year's "Most Creative Lease Deal of the Year" award, presented by the 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. , Westchester County and Fairfield County Fairfield County is the name of three counties in the United States:
NAIOP National Association of Industrial and Office Parks NAIOP Navigational Aid Inoperative for Parts ). W&M Properties, along with tenant Legg Mason Founded in 1899, Legg Mason, Inc. (NYSE: LM) is a leading Global Asset Management Firm that serves the institutional, mutual fund and wealth management markets. The firm is headquartered in Baltimore, Maryland, and is located on Lombard and Charles Streets in the Legg Mason and its brokerage firm, 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. , received the award for the recently consummated Legg Mason lease, an innovative transaction that entailed an early, long-term renewal encompassing more than 150,000 square feet, including the recapture recapture n. in income tax, the requirement that the taxpayer pay the amount of tax savings from past years due to accelerated depreciation or deferred capital gains upon sale of property. (See: income tax) RECAPTURE, war. of 89,000 s/f. "It's an honor to be recognized by these two fine organizations as leaders in the greater 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 real estate market," says Mr. Newman. "These awards are a positive reflection on the skills and dedication of W&M's employees, the brokerage community with whom we do business, and our blue-chip roster of portfolio tenants, as well as the continued vitality of the Stamford transportation submarket as a thriving business center." The prestigious BOMA Award for Metro Center is the second one conferred on the distinctive landmark, which also won the honor in 1998. First Stamford Place was also the site of NAIOP's Leasing Deal of the Year Award in 2002 and the BOMA award in 2003. W&M Properties is the real estate management, marketing and acquisition arm of the Malkin family, which has commercial and residential operations in seven states. Malkin Class-A properties in Fairfield County include: Metro Center, an eight-story, 280,000-square-foot property at the Stamford Transportation Center; First Stamford Place, a three-building, 810,000-square-foot office complex located along 1-95, adjacent to the Stamford Transportation Center; and MerrittView, a 250,000-square-foot office building located at the Merritt Parkway's exit 40, near the Norwalk/Wilton border; Malkin Class-A properties in Westchester County include: 500 Mamaroneck Avenue, a five-story, 285,000-square-foot multi-tenant office building located in the surging I-287 East submarket in Harrison; and Ten Bank Street, a 12-story, 220,000-square-foot-office building located in White Plains, one block from the White Plains Transportation Center. The company's portfolio of suburban office buildings totals 1.85 million square feet of prime space in Westchester County and in Fairfield County, Conn. |
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