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NEW YORK CITY-Special servicer CWCapital Asset Management has tapped Jones Lang LaSalle to market approximately 140,000 square feet of office space, or about 26.6% of the total, at the 40-story 1330 Ave. of the Americas. Otera Capital acquired the 525,000-square-foot property for $100,000 at an auction in late April after Macklowe Properties defaulted on a $130-million mezzanine loan from Otera. Otera, which foreclosed on the loan, also assumes a $240-million senior mortgage on the property, according to published reports.

Peter Riguardi, president of JLL’s New York office, will oversee the assignment at 1330 Sixth Ave. Completing the team will be Frank Doyle, international director; Cynthia Wasserberger, managing director, and David Kleiner, SVP, all with JLL’s New York office. Riguardi calls the tower “the pre-eminent boutique office building on Sixth Avenue” in a release.

According to the release, JLL will pursue an “aggressive” marketing campaign for the building that will feature pre-built spaces on the larger base floors and on the top floors. The base floors contain approximately 16,300 square feet of space apiece and the tower floors offer about 10,000 square feet each.

In early 2007, before closing on the $7-billion Equity Office Properties deal, Macklowe reportedly paid $498 million for 1330 Sixth, which was built in 1965. Existing office tenants there include Pearson, Harry Winston, Silvercrest Asset Management Group, and Stein Roe Investment Counsel LLC. Otera is a unit of Canadian pension fund manager Caisse de dépôt et placement du Québec.

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