MJLF & Associates, Inc., a full-service maritime brokerage, has leased 10,717 s/f at Malkin Properties' First Stamford Place for its headquarters, according to Jeffrey Newman, executive vice president of Malkin Properties, the marketing and management agent for the three-building, 810,000 s/f office campus.
MJLF will continue to occupy the second-floor facilities at 300 First Stamford Place that it had previously sub-leased. The new lease extends through May of 2017.
"MJLF & Associates greatly appreciates the top-tier amenities, convenience to transportation and hands-on tenant management that the firm has experienced under Malkin Properties thus far," said Mike Nelson of CBRE, who represented the tenant. "As my client's sub-tenancy came to a close, it was an easy decision for them to make this trophy address their home on a direct-lease basis."
Newman, citing MJLF's important role in worldwide commerce, said Malkin Properties "is very pleased the company is happy at First Stamford Place and has decided to join our prestigious roster as a primary tenant. We are looking forward to a long, mutually advantageous relationship."
Founded in 1979, MJLF has evolved into an international leader in chartering vessels in all commercial sectors, including containers, dry bulk, tankers, off-shore, and liquefied natural gas. The firm continues to expand its reach, delving into research, consulting, forward freight agreements (FFAs), project development, bio-fuel, alternative energy and logistics.
Newman, senior leasing associate Kimberly Zaccagnino and leasing associate Tara Long represented the landlord in this transaction. Nelson brokered the deal on behalf of the MJLF, with Trip Hoffman of Cushman & Wakefield serving as co-broker.