January 23, 2013
“These leases demonstrate the overwhelming support that our properties have in the FiDi office market. Our existing and new tenants continue to demonstrate confidence in our buildings, as evidenced by these lease renewals, expansions and new leases. We appreciate the brokerage community’s continued support and assistance in many of these transactions, and look forward to working together on future deals,” said Swig.
Swig Equities‘ FiDi neighborhood properties include 48 Wall Street and 110 William Street. In addition, the Swig Equities portfolio includes ownership interests in 80 Broad Street, 90 Broad Street, 44 Wall Street, and 5 Hanover Square.
“There is high demand for our properties and the outstanding commercial amenities and services each of them offers. Our portfolio is very attractive to tenants seeking an office building in a prime business location with strong, experienced management,” said Jonathan Dean, senior vice president, director of Commercial Leasing for Swig Equities.
110 William Street was the most active property, with over 74,600 s/f of leases signed. The City of New York signed a lease renewal, occupying 30,896 s/f and Stack Exchange. Inc., a growing online network of individual communities, signed a new lease, occupying 30,230 s/f.