NAI COMPLETES 16,229-SQUARE-FOOT OFFICE LEASE

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NEW YORK CITY — The New York City office of NAI Global has completed a 16,229-square-foot office lease within Wall Street Plaza at 88 Pine St. in Manhattan’s Financial District. The tenant, institutional energy broker Power Merchants Group, will relocate from its previous offices on the 38th floor of 40 Wall Street. Terms of the 10-year lease include a complete build-out of the tenant’s new floor, which will provide Power Merchants Group with turnkey office space once it relocates. NAI’s Andrew Simon and Robert Kluge represented the tenant in lease negotiations. The owner of Wall Street Plaza is Orient Overseas Associates, which was represented by Frank Cento of Cushman & Wakefield.

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