NEW YORK CITY-Jones Lang LaSalle has been tapped as the leasingagent for Swig Equities’ 400,000-square-foot 90 Broad St.,GlobeSt.com has exclusively learned. The JLL teamincludes Scott Cahaly, Brian Reiver and Robert Corbi.

In a statement, Swig SVP Todd Korren says bringing in JLL as the25-story Financial District office property’s exclusive leasingagent was “the right move to furthering our client relationships.”Korren, who serves as director of commercial leasing and operationsfor the Swig portfolio, notes that the 80-year-old office tower’sexterior, lobby and systems have all been modernized, “yet thebuilding remains a value to tenants while also maintaining itshistoric prewar design.”

Swig purchased 90 Broad from Rockrose in November 2005 for areported $90 million; it was previously owned by a joint venture ofSL Green Realty Corp. and Morgan Stanley. The current tenant rosterincludes BPD Bank, Gordon & Rees, Poets & Writers, UrbanAssembly, Michael J. Fox Foundation and Globe Tax Services.

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.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.