Transwestern Expands Northeast Regional Headquarters To 600 Lexington Ave.

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Apr 02, 2014, 07:15 ET

NEW YORK, April 2, 2014 /PRNewswire/ -- Transwestern today announced its Northeast regional headquarters will relocate to 8,607 square feet in 600 Lexington Ave. The five-year lease includes the entire 10th floor and two terraces. The firm is relocating to the Class A office building from its previous location at 400 Park Ave.

"600 Lexington Ave. is a premier office building with one of the city's top landlords, SL Green," said Lindsay Ornstein, Transwestern principal. "It will be a great place to call home."

"Our business is rapidly expanding, and as our current lease draws to a close, this is a great opportunity to move to a fresh, premiere space designed to meet our business objectives and growing team member base, improve communication across departments and, ultimately, continue to provide unparalleled service for our clients," said Patrick Robinson, Transwestern's Northeast president.

"We are delighted to welcome Transwestern to one of the finest buildings within our portfolio," said Steven Durels, executive vice president and director of leasing and real property at SL Green. "Transwestern is a highly regarded firm within the real estate industry that we've had the pleasure of working with on a number of important transactions over the past several years."

The firm's Northeast presence has grown from nine to 61 team members in the last three years. During that same time, Transwestern has expanded its agency leasing, tenant advisory, investment sales, structured finance, property management and construction management capabilities across the region. The award-winning culture has helped to retain and recruit team members, with five recent full-time hires.

ABOUT TRANSWESTERN

Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. As a member of the Transwestern family of companies, the firm capitalizes on market insights and operational expertise of independent affiliates specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 181 offices in 40 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit transwestern.com and follow us on Twitter: @Transwestern and @TranswesternNYC.

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SOURCE Transwestern