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Durst renews Third Avenue three.

The Durst Organization announced it has renewed leases with three tenants at 733 Third Avenue.

Fujitsu America, Inc. will remain in their 10,964 s/f suite on the 17th floor. Marwood Group & Co. USA, LLC will continue leasing the 25,438 s/f 11th floor. And Continental Industries Group, Inc. is relocating from the 20th floor to the 7,442 s/f 21st floor. All three leases were a 10-year term.

Fujitsu, a tenant in the building since 2004, is renovating their suite to accommodate the digital team's need for open concept floor plan. Both Marwood and Continental Industries have been 733 Third Avenue tenants for the past 10 years.

"We are thrilled to have Fujitsu, Marwood and Continental Industries renew their leases at 733 Third Avenue," said Jonathan (Jody) Durst, President of The Durst Organization. "It is a great compliment when a tenant stays in our portfolio. We look forward continuing our relationships with these stellar companies."

Fujitsu was represented by Director Brian Cohen of Newmark Grubb Knight Frank. Principal and Executive Managing Director Dennis Someck of Lee & Associates represented Marwood. And Continental Industries was represented by Executive Managing Director Michael Joseph of Colliers. The Durst Organization was represented in-house by Director Ashley Gee on all three deals.

Fujitsu America, Inc. is the parent and/or management company of a group of Fujitsu-owned companies operating in North, Central and South America dedicated to delivering the full range of Fujitsu products, solutions and services in ICT to our customers in the Western Hemisphere.

These companies are collectively referred to as Fujitsu Americas.

Fujitsu enables clients to meet their business objectives through integrated offerings and solutions, including consulting, systems integration, managed services, outsourcing and cloud services for infrastructure, platforms and applications; data center and field services; and server, storage, software and mobile/tablet technologies. For more information, please visit: http://fujitsu.com/us and http://twitter.com/fujitsuamerica

The Marwood Group is a healthcare-focused advisory and consulting firm headquartered in New York City with offices in Washington, D.C. and London. Marwood provides services to institutional investors and healthcare companies.

Based in New York City, Continental Industries is a privately held company which was founded in 1983.

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Publication:Real Estate Weekly
Date:Oct 18, 2017
Words:367
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