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The Sapir Organization Announces Appointment of CBRE as Leasing Agent for all the Company's Properties

"We are excited about joining forces with The Sapir Organization. The company has an outstanding portfolio of commercial properties in Manhattan and we look forward to creating a long and prosperous relationship with them," said Stephen Siegel, Global Chairman at CBRE.

The CBRE leasing team for The Sapir Organization's properties will consist of CBRE's Global Chairman Stephen Siegel, along with CBRE's Vice Chairman Howard Fiddle and CBRE's Senior Vice President Brad Gerla.

"We thrilled to have CBRE join us in our effort to showcase our premiere city office marketplace properties. We are certain this outstanding leasing team will help bring the awareness of our properties to new heights," said Alex Sapir.

About the Sapir Organization The Sapir Organization is a privately held, New York-based real estate holding and development firm with over 7 million square feet of prime Manhattan commercial office space. Founded by Chairman Tamir Sapir, the company is embarking on ambitious new residential and multi-use projects under the leadership of its President Alex Sapir.. The Sapir Organization owns significant architectural landmarks throughout Manhattan including 11 Madison Avenue and the Duke Semans Mansion, as well as 2 Broadway, 260 Madison Avenue, 261 Madison Avenue, 384 Fifth Avenue, 100 Church Street, and two residential buildings, 50 Murray Street and 53 Park Place. Additionally, the company is expanding its reach with SDS Investments, an investment and development company that funds a wide range of real estate projects. Sapir is at the forefront of the revitalization of downtown Manhattan and currently has projects in the U.S. and Mexico in excess of $1.5 billion.

About CBRE CB Richard Ellis (CBRE) is the global leader in real estate services. Each year, CBRE completes thousands of successful assignments with clients from the gamut of industries. This volume creates market knowledge that allows them to seize opportunities, speed the business process and create the most thorough, precisely accurate picture of global commercial real estate conditions and trends. Every day, in markets around the globe, CBRE applies its insight, experience, intelligence and resources to help clients make informed real estate decisions.

CBRE's mission is to deliver superior results for stakeholders by always putting the client first; collaborating across markets and service lines; thinking innovatively, but acting practically; and providing a rewarding work environment.

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