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Liquor leader's Grand expansion.

The Charmer-Sunbelt Group (CSG), a distributors of fine wines, spirits, beer and other beverages--and one of New York City's largest private companies--has expanded its space at W&H Properties' One Grand Central Place, and now occupies 24,478 s/f, announced Anthony E. Malkin, president of Malkin Holdings, which supervises the W&H portfolio.

Charmer-Sunbelt, which has been a tenant since 1999, leased the additional space on the 19tth floor.

Created by a merger of Charmer Industries and Sunbelt Beverage Corp., CSG markets some of the most well known consumer brands in the world, such as Smirnoff, Belvedere, Jack Daniel's, Bushmills, Dewar's, Johnnie Walker, Glenfiddich, Bacardi, Remy Martin, Bailey's, Stags' Leap, Dom Perignon, Moet & Chandon, and many others.

"We're pleased by this extension of our relationship with CSG," said Malkin. "It's the sort of prestigious, high-credit company that is a perfect fit for the white-glove, professional environment of One Grand Central Place."

Billy Cohen, Ryan Kass and Julie Christiano of Newmark Knight Frank represented both the tenant and the landlord in the lease negotiations.
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Publication:Real Estate Weekly
Date:May 25, 2011
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