AIB, which is Ireland's leading financial aid provider and part of a diversified global financial services firm, also has an option on an additional 28,000 sf of space at the 600,000 sf complex. The transaction brings total occupancy here to more than 100,000 sf of space.
Cushman & Wakefield represented AIB in the transaction. AIB has its New York headquarters at 405 Park Ave. in Manhattan.
"We're delighted to have such a prestigious financial institution join our growing tenant roster at 333," says developer Charles S. Cohen, who represented the building in the 12-year transaction with Cohen Brothers senior vice president Palmer Sealy. Cohen Brothers officials value the lease deal at approximately $12 million.
Tenants at 333 Westchester Ave. include: AOL/MovieFone Inc.; MACSTEEL ASOMA, a steel trading company; the law firm Fredman & Kosan; Rosenfeld & Tortu, a benefits consulting company; and the Nexus Group, a software development concern.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
Already have an account? Sign In Now
*May exclude premium content© 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.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
