CBRE Group, Inc. announced today the firm’s latest under-20,000-square-foot office leasing transactions in Manhattan.
Tenant Representation
CBRE’s James Ackerson, Sinclair Li, Craig Reicher and Mary Ann Tighe represented Cohen Clair Lans Greifer Thorpe & Rottenstreich in a 13,854-sq.-ft. renewal at 885 Third Avenue for the partial 32nd floor. The extension term is five years. Erik Harris and Scott Klau of NKF represented the owner.
CBRE’s Brian Dooley represented Young Women's Leadership Network in an 11,100-sq.-ft. expansion and renewal at 322 Eighth Avenue for the entire 4th floor in a move from the 14th floor. The term is ten years. NKF’s Matthew Colavita and Allen Gurevich represented the owner.
CBRE’s Michael Rizzo and Harly Stevens represented Beacon Platform, Inc. in a 7,620-sq.-ft. sub-sublet for the partial 20th floor at 5 Hanover Square. Marvin Rosenberg of Colliers International represented the sub-sublandlord.
CBRE’s James Ackerson, Peter Gamber and Craig Reicher represented Luxor Capital Group in an 11,501-sq.-ft. lease at 1114 Avenue of the Americas. Luxor previously occupied the 29th floor to the partial 31st floor. Owner Brookfield Properties was represented in-house.
Landlord Representation
CBRE’s Derrick Ades, Edward Goldman and Sam Seiler represented owner Stawski Partners in a 14,802-sq.-ft. lease at 1212 Avenue of the Americas with Communication Partners Group for the entire 10th floor. The term is 10 years. The tenant is moving from 360 Madison Avenue (another Stawski Partners building) and was represented by John Mambrino and Nick Farmakis of Savills Studley.
CBRE’s James Einstein, Sinclair Li and Daniel Wilpon represented sublandlord 247 Laundry Service in an 11,000-sq.-ft. sublet at 40 West 25th Street with Healthline Media for the entire 5th floor. The tenant is moving from 91 Fifth Avenue and was represented by Daniel Posy and Jason Roberts of Savills Studley.
CBRE’s Jonathan Cope, Eric Deutsch, Jared Freede and Thomas Haughton represented sublandlord Validus Holdings in a 10,620-sq.-ft. sublet at 48 Wall Street with Pioneer Special Risk Services for the entire 17th floor. The tenant is moving from 80 Broad Street and was represented by Stephen Bellwood of Cushman & Wakefield.
CBRE’s Michael Affronti, Keith Caggiano and Arkady Smolyansky represented owner 708 Third Avenue Associates in a 10,015-sq.-ft. lease at 708 Third Avenue with EastWest Institute for the partial 11th floor. The term is 10 years. The tenant was represented by Ellen Herman of JLL.
CBRE’s Evan Fiddle, Christie Harle, Caroline Merck, Arkady Smolyansky and Peter Turchin represented owner Boston Properties in an 8,623-sq.-ft. lease at 599 Lexington Avenue with Peconic Partners for the entire 46th floor. The term is 10 years. The tenant is moving from 350 Park Avenue and was represented by John Johnson and Marc Shapses of Savills Studley.
Tenant and Landlord Representation
CBRE’s Gerry Miovski and Arkady Smolyansky represented Constellation Advisors in a 14,222-sq.-ft. sublet at 1212 Avenue of the Americas. Constellation Advisors previously occupied the partial 9th floor and will be moving into the entire 6th floor in its new sublease. CBRE’s Alex Benisatto, Brian Dooley, Michael Laginestra, Rocco Laginestra and Michael Wellen represented CohnReznick.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
