October 30, 2008
Wall Street Journal Office Network Enters Miami Market Through Agreement With 1111 Brickell Office, LLC
CHICAGO, Oct. 30 /PRNewswire/ -- The Wall Street Journal Office Network (The WSJ Office Network) announced it is expanding into Miami. 1111 Brickell Office, LLC has agreed to install its network into the company's 524,000 sq. ft. Mellon Financial Center property in that city. The Wall Street Journal Office Network has now installed or has commitments to install The Network in 700 top office properties in 15 U.S. markets before the end of the year.
Developed by Office Media Network (OMN) and Dow Jones & Company, The WSJ Office Network delivers up-to-the-minute news, building communications and highly targeted digital advertising through high-definition flat screens located in the lobbies and elevators of premier office buildings across the country.
The agreement also provides Mellon Financial Center Management agent MD Datran Management, Inc. added leverage in attracting leading corporate tenants in the highly competitive Miami market.
"We've already received a tremendous response from our tenants about The WSJ Office Network's news and information content, especially given the dynamic nature of the nation's economy," said Arturo L. Fernandez, RPA, and General Manager of the Mellon Financial Center. "We are particularly pleased with The Network's communications capabilities, which enable the display of such building and safety information as fire drills and to alert building occupants about dangerous weather conditions. It has already been a highly useful amenity."
Mellon Financial Center is a 30-story high-rise Class "A" Commercial Office Building and is owned by TESTA, an entity based out of Madrid, Spain.
MD Datran Management, Inc., working in conjunction with Flagler Real Estate Properties, has maintained the property successfully at 99.5 percent leased. The property has more than 35 Fortune 500 companies which employ over 1,200 individuals.
About The Wall Street Journal Office Network
The WSJ Office Network is the leading business news-oriented tenant communication network, broadcasting up-to-the-minute news from The Wall Street Journal -- including market indexes, weather, and scrolling headlines-on digital LCD screens in the lobbies, elevators and other common areas of top office buildings. The service also provides building owners with an effective tool to communicate important announcements to tenants and visitors regarding building related events, maintenance and security.
About Office Media Network
Office Media Network (http://www.officemedia.com/), developer of The WSJ Office Network, is a leading place-based integrated marketing and communications company. OMN creates and manages solutions to support the needs of real estate owners and their customers, by combining advanced technology and world-class content. The company has installed or has commitments to install its service in almost 700 top office properties in 14 U.S. markets -- including New York, Chicago, Los Angeles, Boston, and Washington, D.C. -- in such high profile buildings as The Chicago Board of Trade, One Montgomery Street in San Francisco, Thanksgiving Tower in Dallas, Tabor Center in Denver and 11 Madison Avenue in Manhattan.
Office Media Network
Web site: http://www.officemedia.com/