W&M leasing strong in 2002.
Leasing at W&M Properties' Fairfield Fairfield.
1 City (1990 pop. 12,200), Jefferson co., N central Ala., an industrial suburb of Birmingham; inc. 1919. Founded (1910) by the United States Steel Corp., its steel industry has greatly declined, negatively affecting the city's economy. and Westchester County office buildings remained strong throughout 2002, fueled primarily by financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page. and insurance firms, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. Jeffrey H. Newman, executive vice president of W&M Properties, the marketing and managing agent for the building.
"In spite of in opposition to all efforts of; in defiance or contempt of; notwithstanding.
See also: Spite the market conditions, W&M was able to keep its portfolio 99% leased, with a large number of deals being negotiated on behalf of insurers and reinsurers, as well as firms in the financial, legal and accounting fields," says Newman. "The suburbs continue to attract these types of companies, which are looking for Looking for
In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. Class-A space at locations from which they can easily access Manhattan. They also want space that can be leased at rental rates that compare quite favorably fa·vor·a·ble
1. Advantageous; helpful: favorable winds.
2. Encouraging; propitious: a favorable diagnosis.
3. to those which can be obtained for similar space in Manhattan."
Within W&M's nearly 2.1-million-SF suburban Class-A office portfolio, more than 121,000 SF of leases were negotiated in 2002 in 20 separate transactions, nine with new tenants and 11 with renewing and expanding firms. To accommodate these. leases, five existing tenants renegotiated lease terms to relinquish space. "This successful year can be attributed, in large part, to our proactive relationships with tenants and to our tenants' own dynamism. Renewals and expansions are just as important to us as new leases," says Newman. "W&M worked closely with tenants to meet changing space needs, enabling companies with excess space to avoid subleasing, and allowing W&M to retain control over the space."
In one case illustrating the company's proactive approach, W&M negotiated to take back 20,000 square feet of a First Stamford Place tenant's excess space for direct relet to Arch Insurance Company for a longer lease term.
Despite this volume of recent deals, W&M still has leasing opportunities. The largest blocks of available space, all of which are subdividable, can be found at 500 Mamaroneck Ave AVE Avenue
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AVE Alta Velocidad Española (Spanish: High Speed Train)
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AVE Advertising Value Equivalent . in Harrison, N.Y, 711 Westchester Ave. in White Plains, N.Y. and MerrittView in Norwalk, Conn.