Stan Johnson Co. is embarking on a New York City expansion, the firm said today. The Tulsa, Okla.-based commercial real estate brokerage plans to move into a 4,600-square-foot space at 180 Madison Avenue, between East 34th and East 35th streets, which can accommodate 17 brokers and support staff, according to a company release.
Currently, the firm occupies a 600-square-foot suite at 41 Madison Avenue and employs six brokers. Stan Johnson, which specializes in single-tenant, net lease investment sales, plans to hire additional brokers in the city. The move is scheduled for November.
The firm made its first push into New York City in September 2011, hiring Jason Maier and Tom Georges as its first two executives here. Maier had started his own net lease company after five years at Massey Knakal Realty Services, while Georges came on board from CoStar Group.
Stan Johnson is one of several national brokerages that have expanded into the New York City market in the past year or so. (Others include Avison Young and Lee & Associates.) – Leigh Kamping-Carder