JONES LANG LASALLE COMPLETES TWO MANHATTAN OFFICE LEASES

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NEW YORK CITY — Jones Lang LaSalle (JLL) has completed two leases for Manhattan office space totaling 189,054 square feet. First, JLL brokered a 10-year renewal on behalf of General Motors Corp. (GM) at 767 Fifth Avenue. GM occupies the 14th through 16th floors of the building for a total of 114,300 square feet. The company has leased space at the 2 million-square-foot, Class A building since it was built in 1968. Peter Riguardi, Michael Shenot and Lloyd Desatnick represented the tenant. Robert Selsam and Andrew Levin of Boston Properties provided in-house representation for the landlord. In the second deal, JLL negotiated a sublease for 74,754 square feet on behalf of NYC Office Suites at 1350 Avenue of the Americas. The subtenant, which provides short-term office space for lease, will occupy the second through fourth floors of the 585,156-square-foot building for an 11-year term. Scott Panzer and Sean Black of JLL represented NYC Office Suites. Joseph Harkins of Grubb & Ellis represented the sublessor, Harper Collins.

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