NEW YORK, November 15, 2010 — Jones Lang LaSalle has completed a new direct lease for Quinlan Financial Group at 400 Broadhollow Road, also known as Rubie Corporate Plaza, in Melville, N.Y. The financial services firm signed a 13-year lease for 30,466 square feet at the 135,000-square-foot, Class A office building.
The tenant was represented by Jim Wenk, senior vice president, with Jones Lang LaSalle’s New York office. Kathleen Giamo with The Giamo Group represented building owner Broadhollow Associates.
“Quinlan Financial Group found 400 Broadhollow Road to be an ideal location for its new office,” said Wenk. “Rubie Corporate Plaza offered the firm the opportunity for signage on the exterior of the building. The brand-new property will also allow Quinlan Financial Group to attract and retain top financial representatives.”
Quinlan Financial Group, an office of the Northwestern Mutual Financial Network, signed for 30,466 square feet at 400 Broadhollow Road, which is located at the intersection of Route 110 and the Long Island Expressway. The financial services firm will occupy the entire second floor at the property. Quinlan Financial Group is relocating to the building from its existing premises at 58 Vanderbilt Motor Parkway in Commack, N.Y.
Jones Lang LaSalle is a leader in the New York tri-state commercial real estate market, with more than 1,600 of the most recognized industry experts offering brokerage, capital markets, facilities management, consulting, and project and development services. In 2009, the New York tri-state team completed approximately 21 million square feet in lease transactions, concluded property sales transactions valued at more than $1.75 billion, managed projects valued at more than $4 billion, and oversaw a property and facilities management portfolio of 76 million square feet.
Northwestern Mutual Life Insurance Company
The Northwestern Mutual Life Insurance Company (Northwestern Mutual), based in Milwaukee, Wisc., has helped clients achieve financial security for more than 150 years. Northwestern Mutual and its subsidiaries offer a holistic approach to financial security solutions including: life insurance, long-term care insurance, disability insurance, annuities, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment advisor, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; and Northwestern Long Term Care Insurance Company; and Russell Investments.
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 ncreased value by owning, occupying or investing in real estate. With 2009 global revenue of $2.5 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 1.6 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 approximately $40 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com