BROKER /
Paul Mas
Jones Lang LaSalle (JLL)
Managing Director - Licensed Real Estate Broker
Job Functions: Investment Sales & Acquisitions, Tenant Representation
Bio
Current responsibilitiesAs Managing Director of Jones Lang LaSalle Americas, Inc., Paul Mas is a senior member of the New York team and interfaces with the firm's major clients. He is responsible for business development and growing the platform to address client needs across a broad range of services including leasing, investment sales and development.
SpecialtiesTenant representation, investment sales, consulting and government services
Years of experience28
ExperiencePaul began his career in the New York City commercial real estate market in 1983 in the Downtown office of CB Commercial, joined Colliers ABR in 1987, becoming a Principal of the firm in 1991. Over his career in commercial real estate, Paul has become known for successfully tackling complicated leasing and investment sales projects involving corporate, institutional and public sector clients.
Key transactions
Tenant Representation
State Street Bank
124,000 s.f. lease in 1290 Avenue of the Americas
150,000 s.f. lease and consolidation in Two World Financial Center
60,000 s.f. lease in 1230 Avenue of the Americas
200,000 s.f. lease in 600 College Road, Princeton, NJ
1.5 m s.f. data center lease in confidential locations
PwC/PricewaterhouseCoopers
280,000 s.f. lease in 1 North Wacker Drive, Chicago
60,000 s.f. build to suit LEED Gold data center
Beijing Vantone (China Center)
200,000 s.f. lease in One World Trade Center
Hunts Point Produce Market
700,000 s.f. in Hunts Point Food Distribution Center, Bronx
MF Global
75,000 s.f. lease in 717 Fifth Avenue
62,000 s.f. lease in 55 East 52nd Street (Park Avenue Plaza
50,000 s.f. in leases in Sydney, Hong Kong, Shanghai and Toronto
AKF Engineers
57,000 s.f lease in One Liberty Plaza
Xinhua News Service
20,000 s.f. lease in 1540 Broadway
Arista Records
55,000 s.f. lease in 888 Seventh Avenue
Parsons Transportation Group
70,000 s.f. lease in 100 Broadway
TheStreet.com
60,000 s.f. lease in 14 Wall Street
40,000 s.f. lease buyout in 2 Rector Street
AMB
80,000 s.f. lease in 75 Ninth Avenue (Chelsea Market)
RLM
140-acre license for The Dave Matthews Caravan music festival, Atlantic City, NJ
Investment Sales
407 First Avenue to Magnium Management, 100,000 sf redevelopment site
One Peck Slip to the School Construction Authority, 100,000 s.f. redevelopment site
85 Tenth Avenue (Chelsea Market) to Young Woo & Associates, 600,000 s.f.
99 John Street to David Werner, 400,000 s.f.
Majority interest in a private suburban office REIT to TMW on behalf of USAA, 1 mil s.f.
563 Eagle Rock Avenue, Roseland, NJ to Williams Cos, 5 acres
105 East 17th Street (net-lease) 120,000 s.f., a Related Companies property
Consulting Projects
Beijing Vantone- Feasibility study for China Center New York
Williams Cos- Strategic advisor (and broker) for utility property acquisitions in NYC region
Hunts Point Produce Market- Development feasibility and logistics
Royal Dutch Shell- Strategic advisor and valuation of properties
International Center for the Disabled- Valuation and operational advisory
Boston Properties- Advisory for East River Science Park development bid
Equity Resource Investments LLC- Property valuation
New York Presbyterian Hospital- Predevelopment services for 400,000 s.f. biotech and clinical build-to-suit building
Government Services
State of New Jersey, Casino Reinvestment Development Authority - Atlantic City Tourism District Master Plan
Metropolitan Transportation Authority- marketing and sale of the West Side Yard, a 26-acre 13 mil s.f. mixed-use development site
State of New York, Roosevelt Island Operating Corp
Southtown/Riverwalk- renegotiation of Master Development Agreement and Ground Leases for 5 building 1.1 mil s.f. mixed-income, master-planned residential development
Eastwood/Roosevelt Landing- renegotiation and extension of 63 year ground lease for a 950,000 s.f./1,000 unit privatized Mitchell Lama apartment building
Rivercross- extension of 60 year ground lease for a 400,000 s.f./377-unit Mitchell Lama limited equity coop
Retail Space- privatization of 100,000 s.f. of distressed retail space in 6 buildings along Roosevelt Island's main thoroughfare
Master Marketing Plan- portfolio review and disposition strategy
EducationPaul received a BA in economics from Rutgers College
AffiliationsPaul is a member of the Real Estate Board of New York and the Urban Land Institute
Areas of Interest
- Risk Profile
- Deal Type
- Acquisition, Development, Ground Lease, Pre-Development, Rehabilitation
- Property Type
- AUM
- Max LTV
- Capital Stack