The property currently offers approximately 100,000 sf ofcontiguous available space ranging from smaller units of 4,680 sfto full floors of 18,301 sf. In addition to the office space, theCBRE team is also marketing more than 5,000 sf of prime, groundfloor space. Asking rents for office space are $47 per sf. CBRE'sAsset Management team of Paul Allegretti and George Bibb willoversee the building's day-to-day operation.
"We've already attracted a great deal of interest fromadvertising firms and new media companies seeking an alternative tothe higher Midtown rents and the excellent signage and corporatebranding opportunities the building offers," Freeman explains. "Thelandlord is also planning a multi-million dollar capitalimprovement program, which will virtually create a new boutiqueoffice property and meet the highest specifications."
Donald Denihan of Denihan Capital notes that "we wanted to hitthe ground running. Therefore, in addition to our capitalimprovement plans, we hired the number one leasing firm in theworld. CBRE brings superior market knowledge and an insight thatwould help us achieve maximum exposure and attract the idealtenants."
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