NEW YORK, Dec. 16, 2016 (GLOBE NEWSWIRE) -- Transwestern today announces it represented Eurazeo (EPA:RF), a leading European investment firm, in a lease for its first U.S. office. Eurazeo occupies the 32nd floor of 745 Fifth Ave., a 35-story, Class A tower in Manhattan’s Plaza District. Transwestern Partner Lindsay Ornstein, Senior Vice President David Stockel and Vice President Chase Gordon partnered with Eurazeo in the transaction.
“We worked diligently to ensure Eurazeo’s U.S. office matched the caliber of the firm’s brand, which has a solid reputation rooted in its history of investment excellence,” said Ornstein. “745 Fifth Ave. provides Eurazeo with a preeminent address near Central Park with customized office space.”
The New York office is an anchor for Eurazeo’s North American operations, a strategic expansion to the U.S. private equity market. The firm leverages its permanent access to capital, proven track record, expert team, and international presence to execute mid-market investments in U.S.-based consumer goods and business services companies.
The building owner, Paramount, was represented in-house by Doug Neye.
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Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the New York office, follow @TranswesternNYC.
ABOUT EURAZEO
With a diversified portfolio of 5 billion euros in assets (~$5.5 billion), Eurazeo is one of the leading listed investment companies in Europe. Its purpose and mission is to identify, accelerate and enhance the transformation potential of the companies in which it invests. The Company covers most private equity segments through its four business divisions – Eurazeo Capital, Eurazeo Croissance, Eurazeo PME and Eurazeo Patrimoine. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term. Eurazeo is notably either a majority or key shareholder in AccorHotels, ANF Immobilier, Asmodee, CIFA, Desigual, Elis, Europcar, Fintrax, Grape Hospitality, Les Petits Chaperons Rouges, Moncler, Neovia, Novacap, Sommet Education and also SMEs or start-ups such as Colisée, Flash Europe International, Farfetch and Vestiaire Collective. To learn more, visit: www.eurazeo.com/en.