Coldwell Banker Commercial Alliance Leasing 116 Nassau Street Downtown Manhattan Office Building

NEW YORK, Oct. 8,2014 /PRNewswire/ -- The New York office of Coldwell Banker Commercial (CBC) Alliance, a national real estate services firm backed by leading investment manager Waterfall Asset Management, announced they have secured a multi-floor leasing assignment for 116 Nassau Street, a prominent 141,000 sf, 12-story office building located in the Financial District of Manhattan.

The CBC Alliance New York team, led by managing principal Catherine O'Toole, Gregory Gang and David Danick are currently marketing high-quality office space on floors three through nine in this distinctive downtown New York building. Each floor is approx. 11,365 rsf and can be divided into 5,231 rsf and 6,134 rsf.

The building was originally built around 1910, but has undergone extensive renovations to modernize each available space. It features an abundance of natural light from all four sides of the upper floors, as well as high ceilings in every unit. Other amenities include a 24/7 access with an attended lobby during business hours and tenant-controlled central air conditioning. The anchor tenant is Abacus Federal Savings Bank.

The building benefits from its great placement on the north side of the Financial District within walking distance of the area's major landmarks. In addition, several transportation opportunities are nearby at 116 Nassau Street, including numerous subway lines and the PATH line, and the area includes a variety of dining and shopping offerings. 

"This is the ideal location for tenants looking for a high-visibility property with great amenities, all within close proximity to the Financial District. But 116 Nassau Street also stands out as one of the best values in this area," said Ms. O'Toole.  "This building is a great addition to our leasing portfolio and we look forward to creating a marketing program that enhances its appeal to prospective creative tenants."

The property is particularly well-suited for technology, advertising, media and investment organizations. For more information or to discuss leasing opportunities at the property, please contact Gregory Gang at Email.

About CBC Alliance 

Coldwell Banker Commercial Alliance is a national commercial real estate brokerage company headquartered in New York City, dedicated to serving private investors, owners, and small/mid-cap corporate users of real estate. The firm currently has offices in New York, Los Angeles and Orange County, California, Dallas, Miami, and Denver. It has 150 professionals, $800 million in closed transaction value and over six million square feet under management.  The company is also an independently owned and operated affiliate of the international Coldwell Banker Commercial® organization and one of the top offices in the firm's global network of over 200 offices and 3,000 brokers.

CBC Alliance was founded by Waterfall Asset Management (Waterfall), an investment adviser. The parent company of CBC Alliance is a real estate finance company that acquires, originates, manages and finances commercial loans as well as asset-backed securities and other real estate-related investments.

Media inquiries, contact:

Tom Nolan - Email
212-741-2977

SOURCE Coldwell Banker Commercial Alliance