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Transwestern

600 Lexington Avenue
New York, NY 10022
(212) 537-0351
Website
lindsay.ornstein@transwestern.com
Transwestern

Transwestern is a privately held real estate firm based in Houston that specializes in agency leasing and sustainability services. Founded in 1978, Transwestern today has more than more than 34 offices in the United States but until recently had no presence in New York City. In 2011 Transwestern opened its first Manhattan office. Two years late the firm expanded its Northeast operations by acquiring Boston-based Richards Barry Joyce & Partners, then renaming it to Transwestern RBJ. Despite its newcomer image in New York City, Transwestern was tapped by the Metropolitan Transportation Authority in 2013 to manage a portfolio of more than 2 million square feet, including the MTA’s headquarters at 2 Broadway. It also helped market 254 West 31st Street for Brause Realty and represented the Mandell School in the West Village. In 2014 Transwestern was tapped to handle the leasing for Olympic Tower in Midtown, which houses retail space and luxury condominiums. Through its strategic alliance with BNP Paribas Real Estate the firm has an international presence.


FAANG firms are scooping up the biggest offices left in LA. Is it too good to be true?
02/02/19
...the head of research for Southern California at Transwestern. But that may not be enough new construction to satisfy the tech firms’ growth...

FAANG firms are scooping up the biggest office spaces left in LA. Is it too good to be true?
01/21/19
...the head of research for Southern California at Transwestern. But that may not be enough new construction to satisfy the tech firms’ growth...

Lower Manhattan office concessions rose 42% in 2017
05/23/18
...foot. Read the report here. Real Estate Outlook | Transwestern The average asking rent for office spaces in Manhattan stood at $74.04 a square foot...

Toys “R” Us is dead. Here’s who will feast on the retailer’s remains
05/22/18
...Bell, a managing director for capital markets with Transwestern Commercial Services, theorizes that the decision by Toys “R” Us to reject the $675 million...

Cleaning up after Toys “R” Us
...Bell, a managing director for capital markets with Transwestern Commercial Services, theorizes that the decision by Toys “R” Us to reject the $675 million...

School to avoid paying property taxes, conversion costs for $20M Bronx project
05/17/18
...along with Stephen Powers and Lindsay Ornstein of Transwestern, brokered the deal. The city’s Board of Standards and Appeals approved a zoning...

Pearlmark seeking $125M loan for Tower 56
04/26/18
...Winston Art Group. In 2008, Pearlmark, then known as Transwestern Investment Company, bought the building from Harry Macklowe’s Macklowe Properties for $158 million. The...

Where does Chicago stand in the foreign investment pecking order?
04/16/18
...and 5.25 percent in Los Angeles, per numbers from Transwestern. “At one point, cap rates were as low as around 1.5 percent in New York...

Despite intense local competition, these national commercial firms are fighting for market share
03/15/18
...of the country — from Hodges Ward Elliott to Transwestern to Berkshire Hathaway — have launched in New York, with varying degrees of success. But...

Manhattan rents stay flat in February
03/07/18
...the report here. Commercial Year-end National Industrial Report | Transwestern The vacancy rate in industrial properties across the U.S. dropped to 5.9 percent in...

Newbies fight for
market share
...of the country — from Hodges Ward Elliott to Transwestern to Berkshire Hathaway — have launched in New York, with varying degrees of success. But...

Office rents in New Jersey closing in on record highs
11/27/17
...Street Journal. Data from the real-estate services firm Transwestern found that asking rents rose in New Jersey during eight out of the past...

Regus re-ups at 5 Penn Plaza
10/17/17
...in the deal. JLL’s Jim Wenk and Transwestern...

The titans behind LA’s trophy tower sales
07/19/17
...first quarter, according to preliminary second-quarter data from Transwestern. However, that figure was down 14 percent from $2.3 billion during the same period in 2016, the...

Regus to launch Spaces co-working concept in Manhattan, at the Helmsley Building
07/10/17
...for Regus to secure a building-within-a-building presence,” said Transwestern’s Patrick Heeg, formerly of JLL, who represented the tenant in the negotiations along...

Los Angeles briefs
...been this high in six years, according to Transwestern. “At year-end 2016, there was approximately 4.1 million square feet of office space available for sublease...

Inside the 2017 REBNY gala: PHOTOS
01/20/17
...award, to loud cheers. Lindsay Ornstein, who co-heads Transwestern’s New York office, bemoaned the fact that the award she won tonight was...

NYC’s 10 biggest office leases signed in November
12/06/16
...latter of which is focused on millennial moms. Transwestern brokers Rory Murphy, Jonathan Tootell and Lindsay Ornstein represented BDG on the lease deal...

Bustle inks deal for 34K sf at 315 PAS
12/01/16
...details of Bustle's deal were not immediately available. Transwestern...

Is Los Angeles the new Shanghai?
09/30/16
...deals downtown since 2014, according to real estate firm Transwestern. For Chinese developers, foreign markets like New York City, Sydney, and L.A. allow...

Boston Properties makes LA debut with $500M-plus play
05/19/16
...the first quarter, according to a report by Transwestern. Blackstone cashed out more than any other seller of a single L.A. office...

Movers and shakers
...brokerage services. Seherr-Thoss was formerly a partner at Transwestern. He previously worked at a predecessor firm of Colliers, GVA Williams, in 2007. Cushman &...

Movers and shakers
...on the Upper East Side. Dino Piccini joined Transwestern’s tenant-advisory platform as a partner. Piccini will manage and expand brokerage services for...

Tenant-rep firms grow amid industry consolidation
...as national groups like Lee & Associates and Transwestern open offices here, often by partnering with a local company. The consolidation trend is...

Newmark messes with Texas
08/28/15
...the firm when he jumped ship to rival Transwestern. Transwestern is also named as a defendant, court documents filed Friday show. NGKF is...
Ryan Mckinney
Transwestern, Real Estate Salesperson
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Michael Gott
Transwestern, Real Estate Salesperson
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Shana Smolinsky
Transwestern, Real Estate Salesperson
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Ryan L. Mckinney
Transwestern, Real Estate Salesperson
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Edward Pierrepont
Transwestern, Real Estate Salesperson
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Alessio Tropeano
Transwestern, Real Estate Salesperson
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Lindsay Mccurran
Transwestern, Real Estate Salesperson
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Carolyn Zimmer
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Arthur Williams
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Jonathan Tootell
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
David Stockel
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Dino Piccini
Transwestern, Associate Broker
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Rory Murphy
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Brian Means
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Debra Larsen
Transwestern, Associate Broker
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Chase Gordon
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Joseph Derosa
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Lauren Davidson
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Caroline Beetham
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Chase Bourdelaise
Transwestern, Real Estate Salesperson
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
John Barry
Transwestern, Limited Liability Broker
600 Lexington Avenue, 10th Floor, New York, NY, (212) 537-7700
...
Thomas Hines
Transwestern, Real Estate Salesperson
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Stephen Powers
Transwestern, Real Estate Salesperson
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Alexander Erdos
Transwestern, Associate Broker
600 Lexington Avenue, New York, NY, (212) 537-0351
...
Lindsay Ornstein
Transwestern, Partner
600 Lexington Avenue, New York, NY, (212) 537-0351
...
For more info, click here
  • Event Office Leasing
  • Address 1501 Broadway
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 18,680
  • Price per foot $ 10.00
  • Publication Date 11/03/2018
  • Event Date 11/02/2018
  • Party 1 Paramount Leasehold
  • Party 1 Brokerage Avison Young
  • Party 1 Broker Arthur Mirante, Michael Gottlieb, Joseph Gervino
  • Party 2 KIPP Foundation
  • Party 2 Brokerage Transwestern
  • Party 2 Broker Lindsay Orenstein, Lauren Davidson, Stephen Powers
notes
The nonprofit charter school signed a 10-year lease for the Times Square space.
For more info, click here
  • Event Office Leasing
  • Address 111 West 33rd Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 10,539
  • Price per foot $ 69.00
  • Publication Date 09/07/2018
  • Event Date 09/04/2018
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Newmark Knight Frank, Empire State Realty Trust
  • Party 1 Broker Neil Rubin, Keith Cody
  • Party 2 ClearView Healthcare Partners
  • Party 2 Brokerage Transwestern
  • Party 2 Broker David Stockel
notes
The consultant firm inked a lease for the Penn Plaza building which had an asking rent of $69 per square foot.
For more info, click here
  • Event Office Leasing
  • Address 521 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 12,400
notes
The financial planner inked a 10-year lease for the Grand Central space.
For more info, click here
  • Event Office Leasing
  • Address 315 Park Avenue South
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 17,050
notes
The parent company of Bustle and Romper renwed and expanded its lease and will now occupy the 10th, 11th and 12th floors.
For more info, click here
  • Event Office Leasing
  • Address 2 Wall Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 7,508
notes
The law firm inked a 10-year lease in the Financial District.
For more info, click here
  • Event Office Leasing
  • Address 114 West 41st Street
  • Unit 10th FL
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 15,931
notes
The leasing and asset management platform signed a new expansion lease to occupy the entire 10th floor and extend their current lease unit 2024.
For more info, click here
  • Event Office Leasing
  • Address 437 Madison Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 9,576
notes
The investment and financial planning firm has signed a 7-year lease for part of the 14th floor.
For more info, click here
  • Event Office Leasing
  • Address 99 Hudson Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 11,752
notes
The software company signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 315 Park Avenue South
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 34,100
notes
The online women's magazine signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 530 Seventh Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 7,400
notes
The venture capital firm signed an 11-year lease.
For more info, click here
  • Event Office Leasing
  • Address 124 William Street
  • Neighborhood Lower Manhattan
  • Borough Manhattan
  • Square feet 7,746
notes
The customer management firm signed a lease.
For more info, click here
  • Event Retail Leasing
  • Address 180 Ninth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 1,750
notes
The Swedish café chain signed a lease.
For more info, click here
  • Event Retail Leasing
  • Address 34 West 36th Street
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 12,000
notes
The retailer signed a lease
For more info, click here
  • Event Office Leasing
  • Building Name One Grand Central Place
  • Address 60 East 42nd Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 2,416
notes
The financial services firm signed a new lease.
For more info, click here
  • Event Office Leasing
  • Building Name One Grand Central Place
  • Address 60 East 42nd Street
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 2,416
notes
The financial services firm signed a new lease.
For more info, click here
  • Event Retail Leasing
  • Address 157 Seventh Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 1,270
notes
The restaurant signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 254 West 31st Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 5,240
notes
The eCommerce company signed a new five-year lease for part of the sixth floor. The reported asking rent was $45 per square foot.
For more info, click here
  • Event Office Leasing
  • Address 527 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 3,601
notes
The hedge fund signed a three-year, six-month sublease on the 12th floor.
For more info, click here
  • Event Office Leasing
  • Address 600 Lexington Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 12,487
  • Publication Date 07/01/2014
  • Event Date 05/22/2014
  • Party 1 SL Green Realty
  • Party 1 Brokerage JLL
  • Party 2 Hawkins Parnell Thackston & Young
  • Party 2 Brokerage Transwestern
  • Party 2 Broker Mimi Hockman, Kyle Williams
notes
The law firm signed a seven-year lease.
For more info, click here
  • Event Office Leasing
  • Address 274 Madison Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 2,969
  • Publication Date 02/01/2014
  • Event Date 12/23/2013
  • Party 1 Abramson Brothers
  • Party 2 JAG Physical Therapy New York
  • Party 2 Brokerage Transwestern
  • Party 2 Broker Andrew Hawkins, John Grotto
notes
The outpatient physical therapy company signed a seven-year lease.
For more info, click here
  • Event Office Leasing
  • Address 254 West 31st Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 5,240
notes
The tech company signed a new lease.
For more info, click here
  • Event Office Leasing
  • Address 254 West 31st Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 5,240
notes
The IT consulting and executive search firm signed a lease on the sixth floor.
For more info, click here
  • Event Office Leasing
  • Address 254 West 31st Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 4,110
notes
The strategic consulting services provider signed a lease on the 12th floor.
For more info, click here
  • Event Office Leasing
  • Address 19 West 8th Street
  • Neighborhood Greenwich Village
  • Borough Manhattan
  • Square feet 2,100
notes
The tenant signed a 10-year office lease.
For more info, click here
  • Event Office Leasing
  • Address 126 East 56th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 2,900
  • Price per foot $ 75.00
notes
The hedge fund signed a five-year lease on the 26th floor.
To see all, go to Advanced Search
600 Lexington Avenue
Manhattan, 10022
600 LEXINGTON OWNER L
600 Lexington Avenue, alternatively known as Manhattan Tower, is a 436-foot office skyscraper...

Small deals thrive as pricey space sits
...Japanese firm Mitsui Fudosan America, was listed by Transwestern. Lindsay Ornstein, a principal in Transwestern’s New York office, said late last month...

The leasing game
...a modest presence in Manhattan include UGL Services, Transwestern and Lee & Associates. There are also local firms that do a substantial amount...

Databook 2019

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