Quidsi backs out of 1411 Bway lease as building shuffles brokers

TRD New York /
Sep.September 13, 2011 09:01 AM

alternate
text
CBRE NY Region Chairman Robert Alexander (top left), 1411 Broadway and Cushman & Wakefield Vice Chairman Tara Stacom

Quidsi, the parent company of e-commerce giants Diapers.com and Soap.com that was purchased by Amazon last year, backed out of an all-but-signed lease at Blackstone Group’s 1411 Broadway. According to the New York Post, the firm was expected to sign for 75,000 square feet on the 32nd, 34th and 35th floors of the building at West 40th Street in Midtown, in a lease brokered by a Cushman & Wakefield team led by Tara Stacom.

But Cushman’s loss will be CB Richard Ellis’ gain. A team of CBRE brokers including Bernie Weitzman, Rob Stillman, Robert Alexander and Zach Freeman was chosen to replace Cushman and market the remaining space a few months ago. The brokerage team now has three more high floors, asking in the high-$60s per square foot, to market.

The Post couldn’t obtain comment on why the switch away from Cushman, which had led the 1.2 million square-foot building to 90 percent occupancy, was made. [Post]


Related Articles

arrow_forward_ios
CBRE CEO Bob Sulentic; the firm has shifted its global HQ from LA to Dallas. (CBRE, Getty)

“Sad day” in LA: CBRE’s corporate exit latest blow to dented office market

“Sad day” in LA: CBRE’s corporate exit latest blow to dented office market
JLL CEO Christian Ulbrich and CBRE CEO Bob Sulentic (Getty; CBRE; Pixabay)

JLL, CBRE keep cutting as recovery drags

JLL, CBRE keep cutting as recovery drags
Bob Sulentic (Getty, iStock)

CBRE income falls nearly 10%

CBRE income falls nearly 10%
CBRE CEO Robert Sulentic and the Dallas HQ building at 2100 McKinney Avenue in Texas (CBRE; Google Maps)

CBRE moving HQ from LA to Dallas

CBRE moving HQ from LA to Dallas
Related chairman Stephen Ross (Getty; iStock; Health Pass) 

Related, Cushman & Wakefield use new app to screen workers for Covid

Related, Cushman & Wakefield use new app to screen workers for Covid
Blackstone's Jonathan Gray, Madison Realty Capital's Josh Zegen (Getty; Madison; iStock)

Property debt investors raising money but still looking for distress

Property debt investors raising money but still looking for distress
Cushman & Wakefield CEO Brett White and JPMorgan CEO Jamie Dimon (Cushman & Wakefield; Getty)

Cushman’s $3B debt load poses default risk

Cushman’s $3B debt load poses default risk
Blackstone Group president Jonathan Gray (Getty)

Blackstone makes $1.2B deal with Brookfield for self-storage company

Blackstone makes $1.2B deal with Brookfield for self-storage company
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...