openPR Logo
Press release


11-17-2011 05:48 AM CET | Industry, Real Estate & Construction

Press release from: PR News

NEW YORK – NOVEMBER 15, 2011 - Kent M. Swig, President of Swig Equities, LLC, is pleased to announce that the firm has completed 14 leasing transactions in its FiDi (Financial District) commercial office portfolio in the third quarter of 2011, totaling over 53,000 square feet.

“These 14 leases demonstrate the overwhelming support that our properties have in the FiDi office market. Our existing and new tenants continue to demonstrate confidence in our buildings, as evidenced by these lease renewals, expansions and new leases for the third quarter of 2011,” said Mr. Swig. “We appreciate the brokerage community’s continued support and assistance in many of these transactions, and look forward to working together on future deals.”

Numerous leasing transactions were completed within Swig Equities’ New York City FiDi neighborhood properties, which include 5 Hanover Square, 48 Wall Street, 44 Wall Street, 110 William Street and 80 Broad Street.

“There is high demand for our properties and the outstanding commercial amenities and services each of them offers. Our portfolio is very attractive to tenants seeking an office building in a prime business location with strong, experienced management,” said Jonathan Dean, Senior Vice President, Director of Commercial Leasing for Swig Equities.

Of the various leases signed within the Swig Equities portfolio in FiDi, 5 Hanover Square, a 25-story, 325,000-square-foot multi-tenant office building built in 1962 and designed by architect Henry G. Green, was the most active property, with over 26,000 square feet of leases signed. Some of the notable leases at 5 Hanover Square include Eclectic Naturals, Inc. with 6,404 square feet; Jones & Jones O'Connell LLP (represented by Brett Gardner and Josh Winslow of Winslow & Company, LLC) with a new 4,985-square-foot lease; and Rockwell Global Capital, LLC (represented by Gerard Picco and Joseph A. Romano of CRESA Partners) with two new leases totaling 6,260 square feet. Additional new leases signed at 5 Hanover Square include Capital Legal Solutions, LLC (represented by Omar Sozkesen of Prime Manhattan Realty) for 2,510 square feet; Braemar Steege, Inc. (represented by Michael McKenna and Travis Wilson of Newmark Knight Frank) for 2,340 square feet; Allan S. Joseph LLC (represented by Guya Singh Rai of Manhattan Commercial Realty) for 1,865 square feet; and Community Housing Improvement Program (CHIP) (represented by Gabe Isaacs of Sierra Realty Corp.) for 1,730 square feet.

At 48 Wall Street, a 31-story, 303,000-square-foot office building, the Corporate Presence, a provider of lucite products and services to the financial community, (represented by Brian Weld of Cassidy Turley) signed a new 7-year, 6,900-square-foot lease. In addition, Ressler, Inc. (represented by Robert Wizenberg of CB Richard Ellis) signed a 10-year, 6,900-square-foot lease renewal and IAT Reinsurance Syndicate, Ltd. renewed its 4,350-square-foot lease.

Also noteworthy, at 110 William Street, a 32-story, 900,000-square-foot multi-tenant office building, Don Congdon Associates, Inc. (represented by Michael Duncan and John Belitsky of Abraham + Martin) signed a new 4,460-square-foot lease, and Knowledge Delivery Systems, Inc. signed an extension for its 4,170-square-foot lease. In addition, at 80 Broad Street, a 36-story, 400,000-square-foot multi-tenant office building, McCauley Securities, Ltd. extended its 558-square-foot lease.

“With an impressive set of 14 transactions totaling over 53,000 square feet closed in the third quarter of 2011, we are confident in the strength of the current office market and demand for our properties. This growth demonstrates our ongoing enthusiasm towards continued expansion and advancement into the last quarter of the year, preparing us for a strong launch into the upcoming year,” added Mr. Swig.

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 and/or developed in excess of $3 billion of properties, which includes 110 William Street, a 32-story, 900,000-square-foot commercial office building; 90 Broad Street, a 25-story, 400,000 square foot office building; 48 Wall Street, a 34-story, 324,000-square-foot office building; 80 Broad Street, a 36-story, 400,000-square-foot office building; 44 Wall Street, a 350,000-square-foot office building; 5 Hanover Square, a 25-story, 325,000-square-foot office building; 770 Lexington Avenue, a 20-story, 155,000-square-foot commercial office building in Midtown Manhattan; and 450 Sansome Street, a 140,000 square foot office building in downtown San Francisco.

770 Lexington Avenue
New York, NY 10065

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.


News-ID: 200827 • Views: 1333

More Releases from PR News

NEW YORK, January 10, 2012 - Kent M. Swig, President of Swig Equities, LLC and owner of the landmark building at 48 Wall Street, announced the signing of a new lease for Situs Holdings, LLC who will occupy 13,650 square feet on the entire 14th floor. With this new lease, the building has now reached 88% occupancy. Evidencing strength and confidence in the Downtown market, Situs Holdings chose 48
09-28-2011 | Health & Medicine
PR News
Polymedco's Pete Welsh donates $10,000 to the Northern Illinois Hospice and Grie …
Septembe 27, 2011: Pete Welsh, Vice President of Polymedco, and his wife Shirley Welsh, have donated $10,000 to the Northern Illinois Hospice and Grief Center. Welsh said about the donation “it is my pleasure to donate this gift to the Northern Illinois Hospice and Grief Center. The work they do to care for patients in their time of need is essential. Their compassion during this time is unmatched.”
09-21-2011 | Health & Medicine
PR News
Polymedco, Inc., and Cardinal Health Sign Agreement for Distribution of Oncologi …
September 13, 2011: Polymedco, Inc. is pleased to announce its exclusive agreement with Cardinal Health, Inc., for distribution of its market leading automated FIT product, a fecal occult blood analyzer that can help increase patient compliance rates and aid in the early detection of colorectal cancer. The agreement includes distribution of the OC-Auto Micro 80; automated FIT analyzer; and OC-Sensor Diana, a high throughput automated FIT analyzer, to the
09-08-2011 | Health & Medicine
PR News
Polymedco Announces the Introduction of Strep A Flip Cassette Rapid Test
September 5, 2011: Polymedco is pleased to announce the introduction of a new Strep A Flip cassette rapid test. The new point of care Strep A Flip cassette test is a rapid immunochromatographic assay for the qualitative detection of Group A Streptococcal antigen directly from throat swab specimens. The test is intended for use in physician’s offices, hospitals, and clinical laboratories as an aid in the clinical diagnosis of Group

All 5 Releases

More Releases for Street

Connected Smart Street Light Market
According to the report, the global connected smart street light market is estimated to account for over US$ 350 Mn by 2019. The market is anticipated to grow at a CAGR of 19.88% from 2019 to 2030. Connected smart street lights can perform multiple functions, such as traffic monitoring, public safety monitoring and auto-dimming based on changes in weather conditions among others. Also, it can measure air pollution levels and notify
Denmark Street Dental Practice
Denmark Street Dental Practice provides patients from Gateshead and Newcastle with the opportunity to access high-quality dental treatments such as dental implants, teeth straightening, veneers, teeth whitening, white fillings, cosmetic bonding and more in their dentist in Gateshead. The dental practice offers a professional and relaxed atmosphere and the entire team are trained to listen to patients’ needs and concerns and to provide them with the best possible experience and dental
High Street Dental Practice
High Street Dental in Witney provides high-quality, affordable dental care for patients of all ages, focusing on delivering treatment in a welcoming and modern environment. The team of highly skilled, professional and caring practitioners take pride in listening to patient’s needs, bringing a personalised feel to every treatment provided. Established in 1992 by a husband and wife team, Anil Baboolal and Julie Owen, the practice has grown from strength to strength,
Street Sweeper Market Research Report 2017-2022
About Street Sweeper Market Summary Street sweeper is designed to sweep roads and control pollution. It is widely used in urban roads, construction plants, airports and seaports. It can be used indoor or outdoor, wet or dry. At first, it was refitted from general automotive and now it’s used as a kind of special automotive. So the main structure of street sweeper is same as general automotive. To request Sample Pages for this
Film Release: "Yangon Street Songs" from Myanmar
"Yangon Street Songs" is a brief walk through the streets of Yangon, following and listening to the songs of the street vendors. The film is Creative Commons. "Melodies ring through the streets of Yangon, Myanmar. From female monks giving blessings, to the singing of a street vendor selling sweet drinks, or a bus driver belting out the stops - Yangon hums with music." Press Kit: Yangon Street Songs (2016) Time: 2’13” •
Frankfurt – September 2007 - Dancing on the Street
Once again it was September, once again there was something to celebrate, and KERN AG was at the centre of things. Leipziger Street held and celebrated its own street party. Because it’s never fun to celebrate things alone, local firms and KERN AG decided to take part in this worthy celebration, to celebrate it together, and to congratulate each other. Wide-eyed children, jubilant prize-winners and innumerable visitors, people interested in languages and