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Williams Communications Takes 169,000 SF At ATC

NEW YORK CITY-The Carlyle Group and JP Morgan Partners have signed a lease with Williams Communications, a fiber-optic broadband and network company, at their Atlantic Telecom Center in Brooklyn.

By Betsy Kraat | Updated on May 23, 2001

NEW YORK CITY-The Tulsa-based firm Williams Communications is establishing a New York City presence with a lease for 169,000 sf at Atlantic Telecom Center, a telecom hotel in Brooklyn. The ATC will house Williams Communications’ Network Operations Center. Occupancy is slated for later this year. The tenant attributed their decision to access to power, 90,000-sf floor plates and ATC’s $60 million master plan for the refurbishment of the former 1928 tire factory.

“Access to power was the primary motivating factor,” said Peter B. Hennessy, managing principal of the Staubach Company. “Manhattan draws a tremendous amount of power, so it was important to get outside of the central grid to a place where the consumption of power is less, and there is certainty of an adequate supply as well as access to more.”

Hennessy and his colleague Joseph F. Harkins, executive managing director, represented the tenant in the transaction. The team also represented Digital Island in their 215,000-sf lease transaction last fall. Insignia/ESG represented the landlords in the transaction.

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