By Gus Delaporte 4/11 1:45pm

Lease Beat

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Insurance Agency Moves to 111 Broadway, Continuing Flurry of Activity

Demetriou General Agency has moved from Midtown to 111 Broadway, continuing a flurry of leasing activity for the property. The insurance agency has signed a seven-year lease for 4,978 square feet on the building’s 17th floor.

“[The tenant] liked the pre-build installation of this building,” Zac Price, associate at CBRE, who represented the tenant, told The Commercial Observer. “Sam Spillane of the agency team showed us the pre-builds and it was a great opportunity.” Read More

By Gus Delaporte 4/09 12:30pm

Lease Beat

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Law Firm to Relocate to 111 Broadway

Law firm Perez & Cedeno has signed a 10-year lease for 3,052 square feet on the seventh floor at 111 Broadway, relocating from 350 Broadway, The Commercial Observer has learned. Asking rents were not disclosed.

“Staying in the area was important, as well as being in a nice building and being relatively close to the courts,” said Michael Rouzenrouch, president of Miyad Realty, who represented the tenant. Read More

By Billy Gray 1/10 10:00am

Lease Beat

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Rock Shrimp Productions Inks Deal At 115 Broadway In Latest Media Move Downtown

Rock Shrimp Productions signed a lease for a 10,000-square-foot second floor space at 115 Broadway, between Thames and Cedar Streets, the latest evidence of media and tech migration to Lower Manhattan.

The company behind several series featuring chef Bobby Flay (Boy Meets Grill, Throwdown) is moving from Hudson Square, a neighborhood more often associated with production and technology firms.

Michael Okun and Peter Sabesan of Coldwell Banker Commercial Alliance represented the tenant. Brad Gerla and Adam Foster of CBRE represented the owner, Capital Properties. Read More

By Al Barbarino 11/15/12 10:22am

Lease Beat

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Men’s Wearhouse Signs Upper East Side Lease

Men’s Wearhouse has signed a 10-year, roughly 8,800-square-foot lease at 1219 Third Avenue in the Upper East Side, The Commercial Observer has learned.

The menswear company is taking a 6,665-square-foot ground floor space and 2,100 square feet in the basement, said Gary Alterman of RKF, who represented both the tenant and owner, Fraydun Realty, in the transaction. Read More