The Real Deal New York

Deutsche Bank branch renews lease at 345 Park Avenue

December 09, 2008 01:31PM

Investment Management Americas, a unit of Deutsche Bank, has renewed
its 150,000-square-foot space at 345 Park Avenue, between 51st and 52nd
streets. The 10-year lease at Rudin Management’s building goes into
effect in January 2010. The asking rent was not disclosed, but it is
estimated to be more than $100 per square foot. Deutsche Investment
Management Americas has been at 345 Park Avenue since 2001 when it took
over Scudder Investments, which had been in the building since the

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