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Flurry of leasing activity at 44 Wall.

Murray Hill Properties has signed three full-floor leases at 44 Wall Street. Armienti & Brooks, Javelin Technologies and Bleakley Platt Remsen Millham & Curran, LLP are the newest tenants to take advantage of one of the most aggressively priced, renovated pre-war buildings in Downtown Manhattan.

Bleakley Platt Remsen Millham & Curran, LLP, has leased the entire 19th floor, while Armienti & Brooks has taken the entire 18th. Each floor plate represents 11,419 square feet. In addition, the entire 9th floor, containing 15,806 square feet, has been leased to Javelin Technologies. These newly signed deals, totaling nearly 39,000 square feet, are each for 10 year lease terms.

Alicia Popper, managing director, Randy Sherman, senior managing director, and Eric Hirsch, associate, of Murray Hill Properties are the exclusive leasing and managing agents for 44 Wall Street.

According to Popper, "Murray Hill is committed to making this one of the most cost-effective decisions a company interested in moving into the Wall Street area could make. With the rapid lease-up of these three floors, this 24-story prime office building is nearing capacity. We do, however, still have a contiguous 64,000 square-foot block available.

Substantial improvements have been made to the property within the past year to make it fully equipped to handle today's technology, including a new electrical distribution system, and fiber optics and T1 lines. Access to the upper floors is now provided by a dozen new high-speed, computerized elevators and two freight elevators. Base floor plates are 15,806 square feet. Currently, floors four through seven, representing approximately 64,000 square feet of space, is available.

"More and more companies are recognizing the importance of having a Wall Street address, especially those within the legal profession," Popper continued. "As landlord, we have been contributing in excess of $35 per square-foot to help facilitate this lease assignment, which makes 44 Wall Street an extremely exciting package."
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 3, 2000
Previous Article:Davis & Companies/RFR Holdings break ground for The Seville.
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