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Swig Equities Signs Lease with Mall Media Co.

NEW YORK CITY—Swig Equities LLC and owner of the 48 Wall Street, signed a new lease for mall media company EYE, who will occupy 4,770 sq. ft. on the entire 29th floor. With this new lease, the building has now reached 89 percent occupancy.

EYE is an out-of-home advertising firm specializing in mall media in the US and airport, retail, roadside and university media across the UK, Australia, New Zealand and Indonesia.

48 Wall Street, a 34-story, 324,000-sq.-ft. office tower built in 1927, was previously occupied by The Bank of New York. Swig Equities LLC, in association with Kirkpatrick MacDonald of MacDonald & Cie, acquired the property and land in March of 1998. They are only the third owners of the property since the land was conveyed from the Dutch to the British and then to The Bank of New York in 1796.

In this transaction, the landlord was represented by Jonathan J. Dean of Swig Equities, while EYE was represented by The Vortex Group LLC brokers Rick Marek and Oliver Petrovic.

Other major tenants at 48 Wall Street include Rockefeller Center Business Centers, which provides executive suite office space; Conway, Farrell, Curtin & Kelly P.C., an insurance defense trial firm; and D.F. King, one of the largest proxy solicitation firms in Manhattan.

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