SWIG EQUITIES APPOINTS JONES LANG LASALLE AS NEW EXCLUSIVE AGENCY FOR 90 BROAD STREET

NEW YORK – July 20, 2010 - Swig Equities is pleased to announce that it has named Jones Lang LaSalle as the new exclusive leasing agent for 90 Broad Street, a 400,000 square foot commercial office building located in the heart of Manhattan’s FiDi (Financial District) neighborhood.

“We are excited to have Jones Lang LaSalle on board as our exclusive leasing agent and are confident that they share our focus to provide tenants with the finest building resources that maximize benefits for their businesses,” said Kent M. Swig, President, Swig Equities.

90 Broad Street, built in 1930 and designed by architects Cook and Cook, is a 25-story 400,000 square foot, first class office building centrally located on a full block-front site. The property's classic prewar design is emphasized by its dramatic Beaux Arts style lobby featuring a two story barrel vaulted ceiling with gold leaf finishes. The property is free standing with windows on all four sides offering abundant light, air and unobstructed views from the tower floors.

“Bringing Jones Lang LaSalle on as exclusive leasing agent was the right move to furthering our client relationships which are built on excellent customer service and trust. The 90 Broad Street exterior, lobby and systems have all been modernized yet the building remains a value to tenants while also maintaining its historic prewar design which we feel appeals to many tenants,” said Todd E. Korren, Senior Vice President and Director of Commercial Leasing and Operations for Swig Equities.

The leasing team from Jones Lang LaSalle includes Scott Cahaly, Brian Reiver and Robert Corbi.

Some of the major tenants at 90 Broad include, BPD Bank, Gordon & Rees, Poets & Writers, Urban Assembly, Michael J. Fox Foundation, and Globe Tax Services.

“We are thrilled that Swig Equities has shown confidence in our firm to engage us in leasing 90 Broad Street. This is a well positioned building that will attract future tenants to an existing roster of fine firms,” said Peter G. Riguardi, President of NY Operations for Jones Lang LaSalle.

About Swig Equities
Swig Equities, LLC is a real estate development, investment and management firm based in New York City with offices in San Francisco. The firm is an active purchaser and developer of prime residential and commercial buildings as well as operating companies and securities. Over the past few years, Swig Equities has purchased in excess of $2.5 billion of properties, which includes the purchase of 110 William Street, a 32 story , 900,000 square foot commercial office building; the purchase of 90 Broad Street, a 25-story, 400,000 square foot office building; the purchase and renovation of 80 Broad Street, a 36 story, 400,000 square foot office building; the purchase and renovation of historic 48 Wall Street, a 34 story, 324,000 square foot office building; the purchase and renovation of 44 Wall Street, a 350,000 square foot office building; the purchase and renovation of 5 Hanover Square, a 320,000 square foot office building; the purchase of 770 Lexington Avenue, a 20-story, 155,000 square foot commercial office building in Midtown Manhattan; and the purchase of 450 Sansome Street, a 140,000 square foot office building in downtown San Francisco.

Swig Equities
44 Wall St, New York, NY‎
(212) 422-3464‎

This release was published on openPR.