Subtenant for Rivertech Center successfully identified and new lease negotiated for Genilogix, LLC
As Exclusive Sublease Agency and Tenant Representative, Colliers International | Pittsburgh was hired to market and sublease the office space for Genilogix, LLC, and provide an alternative office space lease option for relocation within the Greater Central Business District submarket.
Jessica Jarosz, Associate at Colliers International | Pittsburgh, said of the assignment, “We were tasked with targeting prospects to sublease our client’s existing office space with three years of remaining term, while the space continued to be occupied by Genilogix. We were able to successfully coordinate the timing of sublease and new lease execution, while up against shifting market conditions as well as varying size and specific location requirements.”
Nate Stuyvesant, CTO & Senior Partner of Genilogix, LLC commented, “With a large number of logistical hurdles, Jessica Jarosz of Colliers International | Pittsburgh was able to deftly handle all the details of the transactions so that we could continue to focus on our core business. Jessica and Colliers International | Pittsburgh consistently exceeded our expectations.”
Colliers International | Pittsburgh successfully identified a subtenant for Rivertech Centre within six months, and a new lease for Genilogix, LLC was secured at Washington’s Landing for their new headquarters location.
Headquartered in Pittsburgh, Pennsylvania, Genilogix is an Elite HP Software Partner and winner of the 2010 HP Partner Solution Offering of the Year Award. Genilogix provides a range of products and services to help customers recognize value within their organization for the HP business technology optimization (BTO) product line. Genilogix works closely with HP to offer innovative products and services that build together quality management and
test automation, test management, and performance monitoring.
Posted on June 9, 2011, in Achievements, Office, Tenant Representation and tagged lease execution, sublease. Bookmark the permalink. Comments Off on Subtenant for Rivertech Center successfully identified and new lease negotiated for Genilogix, LLC.