L&L Holding Company has appointed industry veteran Jonathan Tootell as executive vice president of leasing to head the firm’s portfolio-wide leasing efforts. Tootell comes to L&L with two decades of experience in the New York commercial leasing markets spanning a variety of leading brokerage firms and project types.
Tootell will oversee a portfolio stretching across eight million square feet of space that L&L currently owns and operates in Manhattan. Tootell will manage leasing in a range of neighborhoods and office types — from L&L’s recently reinvented towers at 425 Park Avenue in the Plaza District and 390 Madison near Grand Central, to landmark trophy properties such as 195 Broadway in Lower Manhattan and 114 Fifth Ave. in the Flatiron District.
In addition, Tootell will collaborate with L&L’s partners and in-place leasing teams for its two major ongoing mixed-use development projects – the transformation of the 1.3 million-square-foot Terminal Warehouse in West Chelsea into a wellness-focused, high performance workplace and retail destination and The Wynwood Plaza, a one million-square-foot mixed-use campus under construction in Miami’s Wynwood Arts District, which will incorporate a 266,000-square-foot, Class AAA, state-of-the-art office tower.
“We are delighted to welcome Jonathan to the L&L family,” said President & Chief Investment Officer Robert Lapidus. “His breadth of knowledge and industry relationships make him a perfect person to lead a dynamic portfolio that has something to offer companies of all sizes and across a wide range of industry sectors.”
Tootell began his career in the real estate industry in January 2005 as an analyst at Cushman & Wakefield, before transitioning into brokerage with a focus on agency leasing. He held a managing director title at Newmark and served as a partner at Transwestern. In his most recent role, he managed a team of more than 20 professionals as the New York market lead at SquareFoot.
His transactions include the repositioning of 229 West 43rd St. and 5 Bryant Park in collaboration with Blackstone/Equity Office, as well as representing Empire State Realty Trust’s landmark buildings, One Grand Central Place and the Empire State Building. Additional prominent clients include AEW Capital Management, Macklowe Properties and SL Green Realty Corp.
Totell earned a bachelor’s degree with a double major in real estate and marketing at the University of South Carolina, Columbia.
