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Financial District welcomes new tenant at 110 Wall St.

In a major office leasing transaction in the Financial District, M.R. Beal & Company has taken 15,350 s/f of space comprising a portion of the 6th floor at 110 Wall Street for its New York corporate HQ.

The investment banking and financial advisory from expects to relocate from 67 Wall Street to its new offices next Spring.

"By moving to what we believe is one of the Wall Street areas finest office buildings, from both an infrastructure and management standpoint, we are not only reiterating our strong commitment to Lower Manhattan but also expressing our confidence in our ability to continue to grow our company and remain a vital member of the downtown community," stated M.R. Beal founder and CEO Bernard Beal.

"We are delighted to welcome M.R. Beal to 110 Wall Street and proud that yet another longstanding and respected member of the Financial District has chosen our building for its corporate headquarters," stated Bill Rudin, president of Rudin Management Company, the operating arm of the Rudin Family holdings, which owns the 27-story, 250,000 s/f office tower.

Rudin also serves as leasing and managing agent for the property. Established in 1988, M. R. Beal & Company, provides investment banking, financial advisory and broker dealer services to municipalities, state and local governments, non profits and corporations across the country.

In addition to its Corporate Finance practice, it is known for its Municipal Bond Department, which works closely with an array of municipal clients and institutional buyers of tax-exempt securities and other financial products.

Eric Yarbro and Lisa Cear of CB Richard Ellis represented the tenant in the 10-year leasing transaction.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 12, 2003
Words:275
Previous Article:$4.2B Nalco purchase complete.
Next Article:SL Green reports 'robust' leasing.
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