Cushman & Wakefield Named Leasing Agent for Manhattan West
1 Nov, 2011, New York
Cushman & Wakefield announced today that Brookfield Office Properties Inc. (NYSE: BPO) has appointed the global real estate firm as leasing agent for its Manhattan West development, located on Ninth Ave. between West 31st and 33rd Streets.
Manhattan West, which is being designed by Skidmore Owings and Merrill LLP, will consist of two office towers of two million square feet each, a third of approximately one million square feet and a fourth, smaller building which will most likely be mixed-use space. A 1.5-acre public plaza will transect the site. Construction is slated to begin in the first quarter of 2012, with the delivery of the first tower anticipated in late 2015.
This Class-A development is located at the nexus of New York's public transportation systems. Nearby transit access includes major subway lines, Penn Station, The Port Authority Terminal, the PATH trains, Hudson River Ferries, the Westside Heliport, AMTRAK's new Moynihan Station, and Grand Central Terminal via the newly extended 7 subway line. It is also steps from the recently expanded High Line and the New Hudson Boulevard Parks.
The Cushman & Wakefield team representing Brookfield will be led by Bruce Mosler, global team leader and chairman of global brokerage, Arthur Mirante, Josh Kuriloff, Michael Rotchford, Maureen Kelly, Mikael Nahmias, Ethan Silverstein, Ken McCarthy, senior economist and managing director of research, as well as global Cushman & Wakefield partners, James Young, head of EMEA Office Brokerage and Arsh Chaudhry, executive managing director in Singapore.
"The site is in the heart of Manhattan's most vibrant neighborhood flanked by Chelsea to the south, Clinton to the north, and Midtown to the east," said Mr. Mosler. "Cushman & Wakefield is privileged to represent one of the most prominent real estate development sites in the world. We look forward to working closely with Brookfield and securing top-quality tenants for the state-of-the-art, environmentally friendly, efficient office and mixed-use space that will be Manhattan West."
Brookfield Office Properties is a global owner, developer and manager of premier office properties, with 111 buildings totaling 79 million square feet across the United States, Canada and Australia. Its signature New York City buildings include the World Financial Center, the Grace Building, and 300 Madison Ave. Brookfield recently acquired the office building at 450 West 33rd St., which is directly adjacent to the Manhattan West site and will provide opportunities for synergies as Brookfield expands its platform in this growing submarket.
"We're pleased to have Cushman & Wakefield on board as leasing agent for Manhattan West, a vital development in Manhattan's flourishing Midtown West commercial district," said Jerry Larkin, senior vice president, director of leasing for Brookfield's New York and Boston Regions.
Cushman & Wakefield is one of the world's largest commercial real estate services firms. Founded in 1917 and headquartered in New York City, the firm has 235 offices in 60 countries, and 13,000 employees.
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