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Two Leases at 48 Wall St. Total 18,275 SF

NEW YORK CITY-Building owner Swig Burris Equities LLC has leased 13,650 sf to Wall Street Planning, an affiliate of Metropolitan Life Insurance Co., and 4,625 sf to technology consulting firm Buchanan Associates.

By Michael Gilliard | Updated on January 24, 2002

NEW YORK CITY-Wall St. Planning and Buchanan Assoc have signed leases at 48 Wall St. for 13,650 sf and 4,625 sf, respectively, bringing occupancy at the 324,000-sf Downtown property to 71%.

Building owner Swig Burris Equities was represented in both transactions by Cushman & Wakefield Inc., which has the exclusive leasing contract for the building. Wall St. Planning, an affiliate of MetLife, was represented by Ray Sauerbrey of Dalton Reid, LLC and William S. Hocking of William S. Hocking Realty Services Inc., while Buchanan was represented by Fred Green.

“These leases further evidence solid commitment to 48 Wall St. and the strength of the downtown commercial office market. We are confident that we will be fully leased within the next six months,” said Jonathan Dean, senior director, Cushman & Wakefield.

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