Christian college takes space at 330 Fifth Avenue

New York /
Nov.November 18, 2008 02:35 PM

The private Christian Kings College has signed
a 10-year lease at 330 Fifth
Avenue, at 33rd Street, for 11,800 square feet, which occupies the entire eighth
floor.

Jim Wenk, a senior vice president at Jones Lang LaSalle, who
represented the college, said after looking for a space for about six months,
the school chose 330 Fifth Avenue
because it is adjacent to its main location in the Empire State
Building. 

The school, which was founded in 1938 and focuses on Christian studies, occupies about 50,000 square feet in the Empire State
Building, and its new
space next door will primarily house faculty and administrative offices. The
school was only looking for space within a five-block radius of the Empire State
Building, and liked 330 Fifth Avenue
because the floor was already partially built out, with bathrooms, air conditioning
and lighting.

Christian Kings College is currently renovating the rest of the floor,
and plans to move in in late January. Wenk said they are paying in the
“upper $40s” per square foot in rent. Another floor currently on the
market in the building has an asking rent of $48 per square foot. 

“It’s a great [opportunity] for the college,” Wenk
said. “It will allow them to expand their faculty and staff in an adjacent
building to create a campus environment.”

The 145,000-square-foot building is owned by Shulsky
Properties.


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
WeWork, Neumann join forces against former landlord in lease dispute
WeWork, Neumann join forces against former landlord in lease dispute
WeWork, Neumann join forces against former landlord in lease dispute
Prologis CEO Hamid Moghadam and CFO Tom Olinger (Prologis, iStock)
Supply-chain crisis likely to persist well beyond 2022: Prologis
Supply-chain crisis likely to persist well beyond 2022: Prologis
Uptown ATX (Brandywine Realty Trust)
$24M metro station for $3B Texas development breaks ground
$24M metro station for $3B Texas development breaks ground
“WeCrashed,” starring Jared Leto as Adam Neumann, is set to premiere on March 18 (Wikipedia, Getty Images)
Watch: Apple drops first trailer for WeWork series starring Jared Leto
Watch: Apple drops first trailer for WeWork series starring Jared Leto
A photo illustration of the Rowan Condominium at 21-31 31st Street in Astoria, Queens (RockFarmer Properties, Lincoln Market)
RockFarmer’s Queens condo property inks 20-year lease for grocery chain
RockFarmer’s Queens condo property inks 20-year lease for grocery chain
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...