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Harris Corporation Moves its Manhattan Office to 555 5th Avenue

February 17, 2010

NEW YORK, NY, February 17, 2010 – After out-growing its former offices at 99 Madison Avenue, Harris Corporation, a global portfolio client of Chicago-based UGL Equis, moved its office further uptown to 555 5th Avenue, in order be located closer to its customer base.

Designed by Emery Roth & Sons, the 19-story tower features a mix of retail and office space. The building underwent a complete façade renovation in 1994.

UGL Senior Vice President Tadd Wisinski and Associate David Starr represented Harris from the early site selection phase through the signing of the final lease agreement. Peter Goldich, Managing Director of Atco Properties & Management represented Atco – the recorded owner.

Harris was very interested in securing a higher image building to satisfy current staffing needs and future growth opportunities. About 70 Harris employees made the move.

“This is the right time to be in the market and Harris was pleased to find a space with existing conditions so closely matching their preferred space program,” said Wisinski. “Marrying those conditions with aggressive economics made it a home run for the tenant and provided the landlord with a creditworthy income stream difficult to find in today’s environment.”

Final terms of the agreement were not revealed.

About UGL Equis Corporation
UGL Equis is a corporate real estate firm that focuses exclusively on the business space user. The company has more than 42,000 affiliated employees in 14 countries around the world through its parent company UGL. Chicago-based UGL Equis provides comprehensive real estate solutions through portfolio strategy and management, transaction advisory, corporate finance, project services, workplace integration, data management, facility management, development management and audit and recovery services for national and global companies with office, industrial and retail opportunities throughout the United States, Mexico, Asia Pacific, Europe and the Middle East. UGL Equis and its sister company UGL Unicco, are subsidiaries of UGL Limited (ASX: UGL). For additional information, please visit www.ugl-equis.com.

For further information, please contact:
Tadd Wisinski – UGL Equis: 212.328.4251or Tadd.Wisinski@ugl-equis.com
Richard Lindberg – UGL Equis: 312.424.8172 or Richard.lindberg@ugl-equis.com



For more information contact:

Richard Lindberg
Assistant Vice President
161 N. Clark St., Suite 2400
Chicago, Illinois 60601
312-424-8172
Richard.Lindberg@ugl-equis.com

 

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