The AIG subsidiary is taking three full floors and one partial,for support staff and administrative operations for several AIGcompanies. Forest City was represented by Mary Ann Tighe, TimothyDempsey, Keith Caggiano, and Evan Haskell of CB Richard Ellis. TheNational Fire Insurance Co. was represented by Lewis Miller andAndrew Sussman of CBRE. MrOfficeSpace.com lists asking rent at theproperty at $37 per sf. Queries for further information were notreturned by deadline.

Completed in 2004, MetroTech Center is a commercial, academicand high-technology office complex on a 10-block, 16-acre site.Designed around a 3.3-acre landscaped commons, MetroTech Centerincludes 14 buildings. 12 MetroTech Center, also known as 330 JaySt., is a 1.1-million-sf office building that houses the KingsCounty Family Court and New York State Supreme Court Criminal Term,as well multiple commercial office tenants.

In early March, GlobeSt.comreported that the Ms. Foundation for Women would be relocating itsheadquarters to the property, from 120 Wall St. At the time, asource familiar with the deal told GlobeSt.com that average askingrents at 12 MetroTech are $38 per sf.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.