Press Release, 2099-09-23
by Colliers ABR, Inc.
New York, NY
Colliers ABR Negotiates Lease for Leading New York Based Investment Advisor
NEW YORK, September 14, 2009- Colliers ABR, Inc. a leading full service commercial real estate services firm, announced today that Papamarkou Wellner Asset Management, Inc. will relocate its firm headquarters from the GM Building to 399 Park Avenue.
The firm’s new space, which occupies the entire front portion of the 38th floor, boasts unobstructed, North and South Park Avenue views within newly constructed space.
Headquartered in Manhattan, Papamarkou Wellner Asset Management is an investment advisor specializing in financial investments across all asset classes, providing investment services to high net worth individuals, family offices, endowments and foundations.
“We are very pleased to have identified and secured excellent space at 399 Park Avenue for Papamarkou Wellner Asset Management’s new headquarters,” said Stephen Bellwood, Director at Colliers ABR. “The space and terms of the lease are well aligned with the firm’s growth strategy and reflects Papamarkou Wellner Asset Management’s high-end image exceedingly well.
Mr. Bellwood and Mark Boisi, Chairman at Colliers ABR represented Papamarkou Wellner Asset Management in the transaction. Boston Properties, owner of the building was represented by Sacha Zarba and Ben Friedland of CB Richard Ellis.
About Colliers International
Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 12,700 employees span the world in 294 offices in 61 countries. On a worldwide basis, Colliers manages 1.1 billion square feet, and has revenue of $US 1.6 billion.
Contact Information
40 East 52nd Street
New York, NY 10022
Tel: 212-758-0800
Fax: 212-758-6190
 back to top
|