An official open house of the space will be held to introduce the location to brokers. Robert L. Billingsley, vice chairman of Colliers ABR will initiate the marketing and leasing plan for the available space.
"The space was on the market on a selective basis and now all parties have decided to go public," says Billingsley. "We are in discussions with several possible tenants, but won't make a decision until the space is officially out there next month."
In the meantime, the building is in the middle of a capital improvement program to enhance building systems, HVAC capabilities and electrical capacity. Owners hope to attract financial services firms, which shouldn't be that difficult because the area is heavily populated with companies in that business.
"It was initially decided not to pursue dot-coms, given the recent fall-out," says Billingsley. "The owner is really particular about who they choose because this is the site of their corporate headquarters. In the end, the major services providers will be actively sought after to take the space."
Just two weeks ago, TI&A signed a lease with Richard A. Eisner & Co., a certified public accounting and consulting firm ranked among the top 20 in the country, to take approximately 85,000 sf, the entire 14th, 15th, 16th and 17th floors at 750 Third Ave., for the firm's new executive headquarters.
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