NEW YORK CITY-Microsoft Corp. has finalized the previously reported lease that it signed to take up residence at SJP Properties' 11 Times Square. The tech giant will take over 230,000 square feet of office space at the spec building, which has gone without a second major tenant since first signing law firm Proskauer Rose prior to opening in 2010. The structure debuted during the height of the recession.
Jones Lang LaSalle managing director Lisa Kiell represented Microsoft in the transaction, while JLL vice chairmen Mitchell Konsker and Paul Glickman and SVP Diana Biasotti represented SJP Properties. JLL serves as the exclusive leasing agent for 11 Times Square.
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.
Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
