NEW YORK — Jones Lang LaSalle was recently selected by building owner Fosterlane as leasing agent at 750 Seventh Avenue. The firm will provide a full range of marketing and leasing services for the Class A, 580,000-square-foot commercial office building.
The JLL team handling the leasing assignment will be led by Paul N. Glickman and Frank Doyle, vice chairmen, and Jonathan Fanuzzi, executive vice president, and includes Charles Gerace, associate. They will work closely with Fosterlane.
“Jones Lang LaSalle is honored to have been appointed as leasing agent at 750 Seventh Avenue,” said Glickman. “We look forward to working closely with ownership to strengthen the building’s position as a premier trophy asset that is widely recognized within the tenant andcommunities."
“Located in the heart of Times Square, 750 Seventh Avenue features virtually column-free floor plates with great ceiling heights and floor-to-ceiling windows that provide terrific natural light and excellent views of one of Manhattan’s most vibrant neighborhoods,” said Fanuzzi. “With immediate access to all forms of major transportation and close proximity to world-class amenities, 750 Seventh Avenue offers an ideal location for tenants looking for high-quality space in a modern office tower.”
The 34-story 750 Seventh Avenue is bounded by Seventh Avenue and Broadway, West 49th and West 50th streets. The building has approximately 40,000 square feet of commercial office space available, comprising the entire 18th floor and 19th floor, totaling 17,000 square feet each, along with 6,000 square feet on the 17th floor.
Fosterlane purchased 750 Seventh Avenue from Hines in 2011. The office building was designed by Kevin Roche John Dinkeloo & Associates and constructed in 1989. It has been primarily occupied by financial services firm Morgan Stanley and law firm Mendes & Mount LLP since completion.
JLL is a leader in the New York tri-state commercial real estate market, with more than 1,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project andservices. In 2012, the New York tri-state team completed approximately 23.8 million square feet in lease transactions, arranged capital markets transactions valued at $1.57 billion, managed projects valued at nearly $7.0 billion, and oversaw a property and facilities management portfolio of 102.1 million square feet and an agency leasing portfolio of 76.0 million square feet.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $46.3 billion of real estate assets under management. For further information, visit www.jll.com.