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4 leases signed at 14 Wall St.

After the tenant's two-year search for new space, Galbreath Riverbank has negotiated four long-term lease renewals and relocations totalling 28,000 square-feet at 14 Wall Street. The tenants - American marine management services Inc., American Institute of Marine Underwriters ("AIMU"), Water Quality Insurance Syndicate, and American Marine Insurance Clearinghouse - all decided that 14 Wall Street was the best possible location for their offices. John V. Wheeler, Galbreath Riverbank managing director, represented owner GE Investments. Peter F. Ricker, president and CEO and Bruce E. Mosler, vice chairman, made the announcement for Galbreath Riverbank.

American Marine management services signed for 19,700 square-feet, AIMU signed for 4,000 square-feet, WQIS signed for 2,700 square-feet, and AMICH signed for 1,500 square-fed. All four firms are independent of each other, although they are interrelated based on clients served and services offered. Their coterminous office locations intentional.

14 Wall Street is a 37-story, 962,000 square-foot office building. The renowned, pyramid-topped tower has been undergoing a $7 Million total renovation and features innovative tenant amenities including a full-service concierge.

All four tenants were represented by Robert J. Brennan of The Peregrine White Company Inc. Legal representation was provided for the owner by Bacher, Tally, Polevoy & Minister. Tenants' legal representation was provided by Bigham Englar Jones & Houston.
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Title Annotation:Galbreath Riverbank negotiates office space for four companies at 14 Wall Street, New York, New York
Publication:Real Estate Weekly
Date:Apr 14, 1993
Previous Article:Mitsui appoints Newmark for 100,000 sf assignment.
Next Article:Tenant in hand, developer breaks ground in Newburgh.

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