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Final 2 floors leased at 381 Park Ave. South.

After taking the marketing of company-owned properties into its own hands earlier this year, Atco Property Services Corp. - a division of The Hemmerdinger Corporation - has seen quick results. Earlier this year, Atco leased a number of small spaces at 381 Park Avenue South. Now, they have leased the building's final two floors.

Travel Planners, Inc. has leased 12,000 square feet on the third floor and Wellington Financial Services has leased 9,000 square feet on the 4th floor at 381 Park Avenue South, as reported by Director of Leasing, John K. Lord and associate, Peter Goldich of Atco, exclusive agents for the building. Both leases were for 10 year terms.

The new program includes production of brochures and sales material as well as frequent consulting with third-party real estate brokers.

Of the recent deals, Wellington took additional space in an expansion move for a new financial services/marketing division. Travel Planners, a premier corporate trade show and convention organizer relocates from 114 East 25th Street in an expansion move represented by Michael Joseph of Williams Real Estate Co., Inc.

Additional smaller leases were signed at 381 Park Avenue South by Drake Business Schools for 3,600 square feet and Medical Business Technologies, Inc. for 2,150 square feet. These tenants were represented respectively by Dennis Someck of Stuart Marshak Real Estate Corp. and Steve Kaplan of the Lansco Corp.
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Title Annotation:Atco Property Services Corp. brokers commercial space in New York, New York
Publication:Real Estate Weekly
Date:Sep 22, 1993
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