Nike has signed a long-term lease with Tishman Speyer

Nike has signed a long-term lease with Tishman Speyer, one of the world’s leading owners, developers, operators and investment managers of first-class real estate on the project. Tishman Speyer will construct the more than 587,227 square feet (approximately 54,575 square meters) of space in a multi-building campus. Nike said when complete, the campus within The Springs will consist of up to three office buildings and a five-story multi-purpose conference center, in a campus-type setting. Along with the commercial buildings, it will feature a soccer pitch and regulation-size indoor basketball court and state-of-the-art work-out facility. The campus will also include a full service food and beverage facility and a standalone conference center to host large-scale events and product unveilings. Nike expects to occupy the new space starting in the first quarter of 2014.

“When we broke ground on The Springs in June, we were confident that world-class companies would recognize the value and importance of establishing a presence in Shanghai,” said Tishman Speyer co-CEOs Jerry Speyer and Rob Speyer. “The creation of the Nike Greater China Headquarters at The Springs underscores the strength of this market and importance of this development to the Shanghai business as well as residential communities. We’re thrilled that Nike, one of the world’s great global brands and companies, will be an anchor in this development and look forward to a long-term relationship.”

Full story here.

Rob Speyer Speaks at China Alternative Investment Association Annual Conference

Rob Speyer of Tishman Speyer as the Luncheon Speaker at China Alternative Investment Association Annual Conference on October 27th, 2011


Nearly 1,000 Participants To Climb 66 Floors To The Top of The Rock™ Observation Deck at Rockefeller Center® While Raising Critical Funds And Awarenes

NEW YORK, NY – The New York City – Southern New York Chapter of the National Multiple Sclerosis Society will host Climb to the Top on Sunday, February 27, 2011, at 6:30 a.m. at 30 Rockefeller Plaza. The event is expected to draw nearly 1,000 participants who will climb 66 flights of stairs to the Top of the Rock™ Observation Deck on the 69th floor of the famed NYC skyscraper and raise more than $700,000 toward a world free of MS.

DATE: Sunday, February 27, 2011
TIME: 6:00 to 10 a.m.
PLACE: Top of the Rock™ Observation Deck, 30 Rockefeller Plaza, New York City
REGISTRATION: Visit http://www.climbMSnyc.org, call 212-463-9791 or e-mail climbms@msnyc.org.

2011 Climb to the Top Sponsors
Competitor Magazine, Crystal Geyser, D’Agostino, Financial Times, Jamaica Hospital Medical Center, New York Sports Clubs, Oasis Day Spa, Pop Chips, Raw Revolution, Tishman Speyer, Top of the Rock™ Observation Deck.

About the New York City – Southern New York Chapter
The New York City – Southern New York Chapter of the National MS Society is committed to helping the 10,000 people living with multiple sclerosis in the five boroughs and Westchester, Putnam, Rockland, Orange and Sullivan counties continue moving their lives forward. The chapter raises funds locally to support the Society’s critical research initiatives and to provide hundreds of comprehensive support services and educational programs for people living with MS, their family and friends. Visit http://www.MSnyc.org for more information.

About the National Multiple Sclerosis Society
MS stops people from moving. The National MS Society exists to make sure it doesn’t by helping each person address the challenges of living with MS. In 2009 alone, through its national office and 50 state network of chapters, the Society devoted more than $132 million to programs that enhanced more than one million lives. To move closer to a world free of MS, the Society also invested nearly $36 million to support 375 research projects around the world.
Early and ongoing treatment with an FDA-approved therapy can make a difference for people with multiple sclerosis. To learn about the options, individuals should talk to their health care professionals and contact the National MS Society at http://www.nationalMSsociety.org or 1-800-344-4867 (1-800-FIGHT-MS).

About Multiple Sclerosis
Multiple sclerosis interrupts the flow of information between the brain and the body and it stops people from moving. Every hour in the United States someone is newly diagnosed with MS, an unpredictable, often disabling disease of the central nervous system. Symptoms range from numbness and tingling to blindness and paralysis. The progress, severity and specific symptoms of MS in any one person cannot yet be predicted, but advances in research and treatment are moving us closer to a world free of MS. Most people with MS are diagnosed between the ages of 20 and 50, with more than twice as many women as men being diagnosed with the disease. MS affects more than 400,000 people in the U.S., and 2.5 million worldwide.

About Top of the Rock™
Situated in midtown Manhattan, Top of the Rock ™ provides visitors with an opportunity to appreciate the architecture of Rockefeller Center and its significance to the growth of New York City. Tishman Speyer, co-owners of Rockefeller Center, is committed to the preservation and restoration of Rockefeller Center, which is the site of numerous public exhibits and events, including annual installations of public art and live broadcast of sports championships. Each day an estimated 350,000 people walk through the Rockefeller Plaza complex, which is home to the world’s most famous Christmas Tree. Visit http://www.topoftherocknyc.com or http://www.rockefellercenter.com for more information.

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NEW YORK BLOOD CENTER CELEBRATES 10,000TH BLOOD DONOR AS PART OF “SKYSCRAPERS FOR LIFE” PROGRAM

New York, NY – New York Blood Center (NYBC) and Tishman Speyer will celebrate their 10,000th anonymous volunteer to donate blood on January 24, 2011 at 600 Fifth Avenue at Rockefeller Center between 9:30 am and 3:30 pm. The event is part of the “Skyscrapers for Life” program and will kick-off a week-long blood drive at Rockefeller Plaza. For more information about the blood drive, the public can call New York Blood Center at 1-800-933-2566 or visit their website at http://www.nybloodcenter.org.

Since 2004, NYBC has hosted tenant blood drives with Tishman Speyer as part of its “Skyscrapers for Life” campaign, sponsored by MetLife. The campaign’s efforts are aimed at providing workers in Manhattan’s multi-tenant skyscrapers the opportunity to give blood and save a life.

“New York Blood Center relies on thousands of blood donors each day to help us meet our mission of providing a safe and adequate blood supply. But without the support of corporate and community partners like Tishman Speyer, getting to these individuals would be much more challenging,” said Rolf Kovenetsky, Vice President of Corporate & Community Relations for NYBC.

“We are proud to be a supporter of New York Blood Center’s efforts to save lives,” said Thomas Madden, Managing Director for Tishman Speyer. “New York Blood Center is a vital organization to our city and we encourage everyone to give blood and help save a life.”

New York Blood Center, serving more than 20 million people in New York City, Long Island, the Hudson Valley, New Jersey, and parts of Connecticut and Pennsylvania, call upon the community to continue to donate blood, the gift of life, during the winter season. The winter season is a time when blood supplies diminish while hospital and patient needs remain the same. It is also a time when it becomes more difficult to find precise blood matches for patients with rare blood types. Somewhere, someone is fighting for his or her life.

Please consider donating at a blood drive or donor center in your community or near your place of work. Please call New York Blood Center at 1-800-933-2566 or visit us online at http://www.nybloodcenter.org to schedule an appointment to donate. You can donate whole blood every 56 days, plasma every 28 days, and platelets every 3 days.

Blood donors receive free mini-medical exams on site including information about their temperature, pulse rate, blood pressure and hemoglobin level. Eligible donors include those people at least 16-years-old (with parental permission or consent), who weigh a minimum of 110 pounds, are in good health and meet all Food & Drug Administration and NY or NJ State Department of Health donor criteria. People over 75 may donate with a doctor’s note. Proper photo identification is required from each donor. Please eat a good meal the day of your donation.

About New York Blood Center: New York Blood Center (NYBC) is one of the nation’s largest non-profit, community-based blood centers. Since 1964, NYBC has been providing blood, transfusion products and services to hospitals. NYBC serves more than 20 million people in New York City, Long Island, the Hudson Valley, New Jersey, and parts of Connecticut and Pennsylvania. NYBC is also home to the Lindsley F. Kimball Research Institute and the National Cord Blood Program at the Howard P. Milstein National Cord Blood Center, the world’s largest public cord blood bank. NYBC provides medical services and programs (Clinical, Transfusion, and Hemophilia Services) through our medical professionals along with consultative services in transfusion medicine. Please visit us on Facebook at http://www.Facebook.com/newyorkbloodcenter. Follow us on Twitter: @NYBloodCenter.

About Tishman Speyer: Tishman Speyer is the co-owner and manager of Rockefeller Center, the world-famous real estate, shopping and dining complex in the heart of midtown Manhattan. Rockefeller Center is the site of numerous public exhibits and events, including large-scale installations of public art by world-renowned artists including Takashi Murakami, Jeff Koons and Jonathan Borofsky. Tishman Speyer has earned a worldwide reputation for innovative utilization of public art in its signature commercial properties, which include Rockefeller Center and Chrysler Center. Tishman Speyer is committed to the preservation and restoration of Rockefeller Center and the historic Top of the Rock Observation Deck at Rockefeller Center, one of New York’s top attractions. Each day an estimated 350,000 people visit the Rockefeller Plaza complex, which during the holidays is home to the most famous Christmas Tree in the world.

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The 2010 Rockefeller Center Christmas tree will help build a Habitat for Humanity home in Newburgh, N.Y.

NEW YORK CITY – The Rockefeller Center Christmas Tree will be donated to Habitat for Humanity for the fourth consecutive year to help build a simple, decent and affordable home.

After the holiday season, the 78th annual Christmas Tree will be milled into lumber in Rockefeller Plaza. The lumber will be used for the framing of exterior walls of a home built by Habitat for Humanity of Greater Newburgh, located in the mid-Hudson Valley of New York, near the community of Mahopac where the tree grew.

“We are extremely pleased and grateful to Tishman Speyer for this donation,” said Marci Gurton, Director of Development, Habitat for Humanity of Greater Newburgh. “This lumber is so valuable because it will help a hard-working family in need of decent housing to own their own home. The special nature of this gift also raises awareness about the critical need for affordable housing in our community and the ongoing efforts for neighborhood revitalization.”

Habitat Newburgh focuses its work in the east end of the city, improving the area street-by-street by renovating abandoned houses and building new homes in partnership with low-income families. Newburgh is one of the most distressed urban areas in the country. To date, Habitat for Humanity of Greater Newburgh has built or rehabilitated 43 houses that 225 children and adults now call home and has added more than $8.3 million to assessed property values.

“The Rockefeller Center Christmas Tree is a symbol of the holiday season for millions of people across the country and around the world,” said Jonathan Reckford, CEO of Habitat for Humanity International. “Habitat for Humanity is both humbled and proud to have an ongoing role in this great tradition, and with the help of volunteers, we will see that the lumber is put to good use to bring hope to a family in the form of better housing.”

“We are delighted to donate the lumber from the Rockefeller Center Christmas Tree to Habitat for Humanity for the fourth consecutive year,” said Thomas Madden, Managing Director, Tishman Speyer. “During the holiday season thousands of people from around the world come to visit Rockefeller Center to view the tree and we are proud to see this holiday symbol live on and continue to bring joy to a deserving family in Newburgh.”

Habitat used the 2007 Rockefeller Center Christmas tree lumber to help build a home in Pascagoula, Miss., in partnership with a Hurricane Katrina survivor. Lumber from the 2008 tree was used to help build shelving in a multi-unit building constructed by Habitat for Humanity – New York City. The 2009 Rockefeller Christmas tree lumber was used in the construction of a home in Stamford, Conn.

About Habitat for Humanity International

Habitat for Humanity International is an ecumenical Christian ministry that welcomes to its work all people dedicated to the cause of eliminating poverty housing. Since its founding in 1976, Habitat has built, rehabilitated, repaired or improved more than 400,000 houses worldwide, providing simple, decent and affordable shelter for more than 2 million people. For more information, or to donate or volunteer, visit Habitat.org.

About Habitat for Humanity of Greater Newburgh

Habitat for Humanity of Greater Newburgh builds homes and community in Newburgh, New York, a small city on the Hudson River about 60 miles north of New York City. Habitat Newburgh is dedicated to providing decent, affordable housing in partnership with local, hard-working families in need. Reaching across religious, cultural, and racial boundaries, we seek to restore a sense of community with the common goal of strong neighborhoods and dignity through homeownership.

About Tishman Speyer

Tishman Speyer is the co-owner and manager of Rockefeller Center, the world-famous real estate, shopping and dining complex in the heart of midtown Manhattan. Rockefeller Center is the site of numerous public exhibits and events, including large-scale installations of public art by world-renowned artists including Takashi Murakami, Jeff Koons and Jonathan Borofsky. Tishman Speyer has earned a worldwide reputation for innovative utilization of public art in its signature commercial properties, which include Rockefeller Center and Chrysler Center. Tishman Speyer is committed to the preservation and restoration of Rockefeller Center and the historic Top of the Rock Observation Deck at Rockefeller Center, one of New York’s top attractions. Each day an estimated 350,000 people visit the Rockefeller Plaza complex, which during the holidays is home to the most famous Christmas Tree in the world.

Tishman Speyer Completes Sale of Major Frankfurt Office Tower

The 42-story, 720,000-square-foot tower anchors Frankfurt’s financial district and is over 95 percent leased, serving world-class tenants such as UBS AG, Allen & Overy LLP, Ashurst LLP, K&L Gates LLP, BlackRock, 3i and Cerberus

PRLog (Press Release)Dec 20, 2010 – Frankfurt, Germany – Leading global real estate development and investment firm Tishman Speyer recently announced the sale of the OpernTurm, a new landmark office tower in downtown Frankfurt that it completed in 2009.  The sale, on behalf of the firm’s partnership with UBS, marks the completion of a high-profile development project brought to the market and successfully leased during extremely difficult economic conditions.

After acquiring the site that formerly had been the local headquarters for Zurich Financial in 2004, Tishman Speyer (http://www.tishmanspeyer.com/properties/Country.aspx?id=8) began construction of the building in 2006.  Today, the 42-story, 720,000-square-foot tower anchors Frankfurt’s financial district and is over 95 percent leased, serving world-class tenants such as UBS AG, Allen & Overy LLP, Ashurst LLP, K&L Gates LLP, BlackRock, 3i and Cerberus.

“This sale completes our successful Opernturm investment, and we are pleased to see this great building pass into the hands of prominent international investors JP Morgan and GIC,” said Tishman Speyer Co-CEOs Jerry Speyer and Rob Speyer (http://www.tishmanspeyer.com/about/team.aspx).  “It marks another chapter of Tishman Speyer’s successful history in the Frankfurt office market, which began over 20 years ago with the development of MesseTurm.  As Frankfurt is such an important European financial center, we look forward to continued engagement there.”

About Tishman Speyer

Tishman Speyer (http://tishmanspeyer.wordpress.com) is one of the leading developers, owners, operators, and asset managers of first class real estate worldwide.  Active across North America, Europe, South America, and Asia, many of the world’s most prestigious corporations rely on Tishman Speyer to meet their office space needs.  Since its founding in 1978, the firm has acquired, developed and/ or managed a portfolio of over 116 million sq. ft. valued at over USD $50.2 billion.  Signature assets include New York’s Rockefeller Center and the Chrysler Center, Frankfurt’s MesseTurm and OpernTurm, Sao Paulo’s Torre Norte, and Ventura Corporate Towers in Rio de Janeiro.  Tishman Speyer has projects in different stages of development in Shanghai, Chengdu and Tianjin.

Tishman Speyer Acquires Trophy Office Tower in Chicago

The LEED CS-Gold certified, 46-story, 1,184,000-square-foot Class A building in Chicago’s River North submarket offers first-class on-site and nearby amenities.

PRLog (Press Release)Dec 17, 2010 – Chicago, IL – Tishman Speyer recently announced the acquisition of
353 N. Clark, a trophy-quality office tower in Chicago’s River North submarket. Financial terms were not disclosed.Designed by architect Dirk Lohan of Lohan Anderson, the 46-story, 1,184,000-square-foot Class A building offers breathtaking views along with first-class on-site and nearby amenities. The building is LEED CS-Gold certified (http://www.tishmanspeyer.com/capabilities/su/newbldg.aspx) and was developed by Mesirow Financial Real Estate.  Its largest tenants are Mesirow Financial and Jenner & Block. 

“As the city’s largest owner of Class A office buildings, Tishman Speyer is well positioned to take advantage of market demand for the highest-quality space in Chicago.  This property is a great addition to our world-class office portfolio and the acquisition demonstrates our confidence in the Chicago market,” said Senior Managing Director Casey Wold.

About Tishman Speyer

Tishman Speyer (http://www.tishmanspeyer.com) is one of the leading developers, owners, operators, and asset managers of first class real estate worldwide.  Active across North America, Europe, South America, and Asia, many of the world’s most prestigious corporations rely on Tishman Speyer to meet their office space needs.  Since its founding in 1978, the firm has acquired, developed and/ or managed a portfolio of over 116 million sq. ft. valued at over USD $50.2 billion.  Signature assets include New York’s Rockefeller Center and the Chrysler Center, Frankfurt’s MesseTurm and Opernturm, Sao Paulo’s Torre Norte, and Ventura Corporate Towers in Rio de Janeiro.  Tishman Speyer has projects in different stages of development in Shanghai, Chengdu and Tianjin.

Global Leasing Momentum Continues as Tishman Speyer Signs Large Renewal at Munich Office Property

Leases Also Announced at Frankfurt’s OpernTurm Project, Now Exceeding 95 Percent Occupancy

Munich, Germany (PRWEB) November 17, 2010 – Tishman Speyer announced recently that Serviceplan, Germany’s largest privately-owned marketing agency, has signed an early renewal of its175,665-square-foot (16,319 sqm) lease at the firm’s Brienner Strasse property, extending its occupancy to January 2021. The agency, which fills virtually the entire complex, has been a tenant since 2000.

Tishman Speyer also has completed six new leases totaling 72,000 square feet (6,700 sqm) at its OpernTurm project in Frankfurt. The management consultant Roland Berger has signed a 24,000 square-foot lease; global business solutions provider Infosys has taken another 15,000 square feet; and international law firm Bingham McCutchen has leased 8,000 square feet. Altogether, new leases bring the successful development’s occupancy to over 95 percent.

“Today’s announcement illustrates a continuation of leasing momentum that has been building at Tishman Speyer office properties around the world. During the past 12 months, we’ve signed many large long-term lease transactions throughout our portfolio, not just in the German markets – but also in cities such as New York, Chicago, Washington, DC, Atlanta, Paris, Rio de Janeiro, Sao Paulo and Hyderabad. We are pleased that our strategy of targeting world-class corporations for the well-located high-quality properties we’ve acquired and developed has been so successful. The agreement with Serviceplan, one of Germany’s finest marketing firms, further illustrates that success,” commented Tishman Speyer Co-CEOs Jerry Speyer and Rob Speyer.

Located in the centre of Munich and comprised of three connected buildings, Brienner Strasse includes first-class office space, residential units, an underground parking garage and surface parking in the building’s courtyard. The buildings were constructed at various times starting in 1930 and all were fully refurbished and modernized during the past decade. The property is easily accessible by private and public transportation, with Munich’s main train station and several subway stations close at hand.

Tishman Speyer’s Opern Turm development was completed in 2009 and has been a dramatic addition to the Frankfurt skyline. The project includes a 42-story tower, a seven-story podium building and an underground garage. Situated on Opernplatz, opposite the famous Alte Oper, OpernTurm is regarded as the premier office address in Frankfurt. The property features magnificent views of the city skyline and offers outstanding on-site amenities. It was one of Europe’s first new office high-rise developments to receive LEED Gold certification.

About Tishman Speyer (http://www.tishmanspeyer.com)
Tishman Speyer is one of the leading developers, owners, operators, and asset managers of first class real estate worldwide. Active across North America, Europe, South America, and Asia, many of the world’s most prestigious corporations rely on Tishman Speyer to meet their office space needs. Since its founding in 1978, the firm has acquired, developed and/ or managed a portfolio of over 116 million sq. ft. valued at over USD $50.2 billion. Signature assets include New York’s Rockefeller Center and the Chrysler Center, Frankfurt’s MesseTurm, and Sao Paulo’s Torre Norte. Tishman Speyer has projects in different stages of development in Shanghai, Chengdu and Tianjin.

Tishman Speyer-Led Partnership Deleverages Boston Office Property and Announces Headquarters Lease

PRLog (Press Release)Oct 18, 2010 – Boston, MA – Tishman Speyer announced today that the One Federal Street office property in downtown Boston has been deleveraged by the building’s ownership, with a portion of its secondary debt being retired at a discount.  With the investment of new equity there will be sufficient capital to fund new leases and otherwise execute the owners’ asset management strategy.

Today’s announcement follows several other noteworthy debt transactions completed in 2010 by Tishman Speyer (http://www.tishmanspeyer.com/capabilities/ad/index.aspx), including large portfolio debt restructurings in Chicago and Washington, DC, and the restructuring of debt on prominent properties in downtown Seattle and Dublin, Calif.   In Southern California, the firm recently regained control of prime commercial development land in Playa Vista, and recapitalized two prime office buildings in El Segundo.

Tishman Speyer also announced today that Merchant Warehouse is relocating its corporate headquarters office to One Federal Street. Under the terms of the five-year lease agreement (http://www.tishmanspeyer.com/capabilities/lm/index.aspx), the firm will take over the entire second floor of the building, which totals 42,787 square feet of space.

Established in 1998 and now servicing over 80,000 customers, Merchant Warehouse is a leading provider of merchant accounts and credit card processing to retailers.  It has been one of the region’s fastest-growing private companies for the past three years, according to the Boston Business Journal.  Among other recent honors, the company was named the nation’s “Independent Sales Organization of the Year” in 2009 by the Electronic Transaction Association.

David Richardson and Garrett Larivee of McCall & Almy represented Merchant Warehouse in the lease transaction.  Property ownership was represented by Brian Chaisson of Tishman Speyer.

One Federal Street (http://www.tishmanspeyer.com/properties/Property.aspx?id=110) is a 38-story office tower totaling approximately 1.1 million square feet, located in the heart of Boston’s financial district. The property enjoys convenient access to the area’s major highways and public transportation.   It features excellent on-site amenities, and is within close proximity to Rose Kennedy Greenway, Faneuil Hall Marketplace and many other retail and tourist attractions.

About Tishman Speyer (www.tishmanspeyer.com)

Tishman Speyer is one of the leading owners, developers, operators, and fund managers of first-class real estate in the world. Since 1978, Tishman Speyer has acquired, developed and operated over 325 projects totaling over 116 million square feet and a property portfolio of over US$54.2 billion in total value across the United States, Europe, Latin America and Asia, including signature properties such as New York’s Rockefeller Center and Chrysler Center, Berlin’s Sony Center and Torre Norte in São Paolo, Brazil.

Tishman Speyer Announces Recapitalization at Dublin Corporate Center

Dublin, CA (PRWEB) August 17, 2010 – Tishman Speyer announced recently that it has recapitalized its Dublin Corporate Center office campus by buying back all of the property’s debt at a discount and committing new capital that will be used to fund future capital expenditures and leasing costs.

The announcement follows several other debt transactions completed by the firm, including recent large portfolio debt restructurings in Chicago and Washington, DC, and the restructuring of property debt for a downtown Seattle office tower.

“This substantial commitment of new capital illustrates our overall positive view of the Tri-Valley submarket east of San Francisco. More specifically, it signifies our desire to continue ownership of one of the area’s finest properties situated at one of the best locations. We look forward to continue providing our tenants with superior office accommodations at Dublin Corporate Center,” said Tishman Speyer Co-CEOs Jerry Speyer and Rob Speyer.

Dublin Corporate Center is an 18.6-acre Class A office campus consisting of three four-story office buildings totaling 440,278 square feet. It is strategically located along the 580 corridor in the Dublin submarket, which is part of the greater Tri-Valley market and is one of the fastest growing submarkets in the San Francisco Bay Area. The Tri-Valley’s attractive demographics, excellent amenities, and extensive public and private transportation infrastructure have made it one of the most desirable markets in the Bay Area for large, credit-worthy corporate tenants.

About Tishman Speyer

Tishman Speyer is one of the leading owners, developers, operators, and fund managers of first-class real estate in the world. Since 1978, Tishman Speyer has acquired, developed and operated over 325 projects totaling over 116 million square feet and a property portfolio of over US$54.2 billion in total value across the United States, Europe, Latin America and Asia, including signature properties such as New York’s Rockefeller Center and Chrysler Center, Berlin’s Sony Center and Torre Norte in São Paolo, Brazil.

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