Paul Mas

Paul Mas

Managing Director - Licensed Real Estate Broker

Current responsibilities
As Managing Director of Jones Lang LaSalle Americas, Inc., Paul Mas is a senior member of the New York team and interfaces with the firm’s major clients. He is responsible for business development and growing the platform to address client needs across a broad range of services including leasing, investment sales and development.
 
Specialties
Tenant representation, investment sales, consulting and government services
 
Years of experience
28
 
Experience
Paul began his career in the New York City commercial real estate market in 1983 in the Downtown office of CB Commercial, joined Colliers ABR in 1987, becoming a Principal of the firm in 1991. Over his career in commercial real estate, Paul has become known for successfully tackling complicated leasing and investment sales projects involving corporate, institutional and public sector clients.
 

Key transactions

Tenant Representation

State Street Bank

  • 124,000 s.f. lease in 1290 Avenue of the Americas
  • 150,000 s.f. lease and consolidation in Two World Financial Center
  • 60,000 s.f. lease in 1230 Avenue of the Americas
  • 200,000 s.f. lease in 600 College Road, Princeton, NJ
  • 1.5 m s.f. data center lease in confidential locations

PwC/PricewaterhouseCoopers

  • 280,000 s.f. lease in 1 North Wacker Drive, Chicago
  • 60,000 s.f. build to suit LEED Gold data center 

Beijing Vantone (China Center)

  • 200,000 s.f. lease in One World Trade Center

Hunts Point Produce Market

  • 700,000 s.f. in Hunts Point Food Distribution Center, Bronx

MF Global

  • 75,000 s.f. lease in 717 Fifth Avenue
  • 62,000 s.f. lease in 55 East 52nd Street (Park Avenue Plaza
  • 50,000 s.f. in leases in Sydney, Hong Kong, Shanghai and Toronto

AKF Engineers

  • 57,000 s.f lease in One Liberty Plaza

Xinhua News Service

  • 20,000 s.f. lease in 1540 Broadway

Arista Records

  • 55,000 s.f. lease in 888 Seventh Avenue

Parsons Transportation Group

  • 70,000 s.f. lease in 100 Broadway

TheStreet.com

  • 60,000 s.f. lease in 14 Wall Street
  • 40,000 s.f. lease buyout in 2 Rector Street

AMB

  • 80,000 s.f. lease in 75 Ninth Avenue (Chelsea Market)

RLM

  • 140-acre license for The Dave Matthews Caravan music festival, Atlantic City, NJ

Investment Sales

  • 407 First Avenue to Magnium Management, 100,000 sf redevelopment site
  • One Peck Slip to the School Construction Authority, 100,000 s.f. redevelopment site
  • 85 Tenth Avenue (Chelsea Market) to Young Woo & Associates, 600,000 s.f.
  • 99 John Street to David Werner, 400,000 s.f.
  • Majority interest in a private suburban office REIT to TMW on behalf of USAA, 1 mil s.f.
  • 563 Eagle Rock Avenue, Roseland, NJ to Williams Cos, 5 acres
  • 105 East 17th Street (net-lease) 120,000 s.f., a Related Companies property

Consulting Projects

  • Beijing Vantone- Feasibility study for China Center New York
  • Williams Cos- Strategic advisor (and broker) for utility property acquisitions in NYC region
  • Hunts Point Produce Market- Development feasibility and logistics
  • Royal Dutch Shell- Strategic advisor and valuation of properties
  • International Center for the Disabled- Valuation and operational advisory
  • Boston Properties- Advisory for East River Science Park development bid
  • Equity Resource Investments LLC- Property valuation
  • New York Presbyterian Hospital- Predevelopment services for 400,000 s.f. biotech and clinical build-to-suit building

Government Services

  • State of New Jersey, Casino Reinvestment Development Authority - Atlantic City Tourism District Master Plan
  • Metropolitan Transportation Authority- marketing and sale of the West Side Yard, a 26-acre 13 mil s.f. mixed-use development site
  • State of New York, Roosevelt Island Operating Corp
    • Southtown/Riverwalk- renegotiation of Master Development Agreement and Ground Leases for 5 building 1.1 mil s.f. mixed-income, master-planned residential development
    • Eastwood/Roosevelt Landing- renegotiation and extension of 63 year ground lease for a 950,000 s.f./1,000 unit privatized Mitchell Lama apartment building
    • Rivercross- extension of 60 year ground lease for a 400,000 s.f./377-unit Mitchell Lama limited equity coop
    • Retail Space- privatization of 100,000 s.f. of distressed retail space in 6 buildings along Roosevelt Island’s main thoroughfare
    • Master Marketing Plan- portfolio review and disposition strategy
Education
Paul received a BA in economics from Rutgers College
 
Affiliations
Paul is a member of the Real Estate Board of New York and the Urban Land Institute