Skip Ribbon Commands
Skip to main content

News release

New York

Jones Lang LaSalle Completes Early Renewal, Expansion at 100 Manhattanville Road for Owner SEB Investment GmbH

Knight Capital Group expands to occupy 25,670 square feet on 1st floor of building


NEW YORK, August 6, 2009 — Jones Lang LaSalle has completed an early lease renewal and expansion for SEB Investment GmbH at 100 Manhattanville Road in Purchase, N.Y. Knight Capital Group Inc. renewed its direct lease for 14,190 square feet of space at the building and signed for an additional 11,840 square feet at the 280,000-square-foot building.

The building owner was represented by William Korchak, executive vice president, and Barbara Winter, senior vice president, both with Jones Lang LaSalle’s New York office. Knight was represented in-house in the transaction.
“Knight is a growing company and was looking for expansion space in a building that could accommodate its high-tech requirements,” said Korchak. “The firm preferred to remain at its existing location at 100 Manhattanville Road, which can accommodate the technical infrastructure required to meet the company’s needs.”

“We were able to create the space the firm required through the termination of two existing leases on the same floor,” said Winter.

Knight currently occupies a total of 19,030 square feet of space on the first floor at 100 Manhattanville Road, with 14,190 square feet leased on a direct basis from the building owner and an additional 4,840 square feet subleased from another tenant. The firm renewed its direct lease of 14,190 square feet for 12 years and expanded its occupancy to 25,670 square feet by taking an additional 6,640 square feet on the first floor of the building on a direct basis. In addition, the 4,840 square feet it had subleased will convert to direct space upon expiration of the sublease and will be coterminus with the rest of its space at the building.

Neighboring tenants at 100 Manhattanville Road include MasterCard International, Pernod Ricard USA and TAL International.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $41 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.