"The company was a single tenant in a small building and wanted to be in one of Long Island's most prestigious business centers," says Theodore P. Sasso, senior managing director of Insignia/ESG.
Yellow Book USA's new headquarters is a combination of leased and subleased space. Insignia/ESG represented both the building owner, Coliseum Towers Associates and the sublessor ABN Ambro, which holds a master lease for more than half of the building. The company employs approximately 125 workers.
Insignia/ESG's Sasso, Edward Fitzsimmons and Edward Taggart arranged the transaction for the landlord. Jones Lang LaSalle and Alliance Partners represented Yellow Book USA.
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