Paramount taps JLL to market Midtown office tower

New York /
Mar.March 12, 2013 02:30 PM

Paramount Group has hired Jones Lang LaSalle to market its 786,000-square-foot office building at 1325 Avenue of the Americas, the brokerage said today.

The 34-story Class A building, located between West 53rd and West 54th streets, was built in 1989 and has about 222,000 square feet of space available for lease, including one space that measures 120,000 square feet, according to Paramount’s release on the deal. JLL’s Frank Doyle, David Kleiner and Douglas Neye will work on leasing the building. 

“There are very few office buildings of this caliber that can offer a better value for space users,” Doyle said in a statement.

The building has a history of entertainment industry tenants, including studio giant Warner Brothers and talent management company William Morris Endeavor, GlobeSt reported. It also has been featured in the sitcom “Seinfeld.” [GlobeSt]Hiten Samtani


Related Articles

arrow_forward_ios
Future City Newsletter
Future City: JLL’s latest proptech play; Entrata chairman ousted
Future City: JLL’s latest proptech play; Entrata chairman ousted
From left: Sharad Rastogi, president, JLL Technologies and Zachary Denning, chief executive officer (JLL Technologies, Hank, iStock)
JLL buys cloud-based building management platform Hank
JLL buys cloud-based building management platform Hank
Out of many, one: Inside proptech’s record year of M&A
Out of many, one: Inside proptech’s record year of M&A
Out of many, one: Inside proptech’s record year of M&A
Retail space at 1600 Broadway, home to M&M’s World, sells for $190M
Retail space at 1600 Broadway, home to M&M’s World, sells for $190M
Retail space at 1600 Broadway, home to M&M’s World, sells for $190M
707 Eleventh Avenue and SL Green's Marc Holliday (SL Green, Getty)
SL Green unloads 707 11th Ave less than two years after buying it
SL Green unloads 707 11th Ave less than two years after buying it
Boston Properties’ Owen Thomas, Vornado Realty Trust’s Steve Roth, Paramount Group’s Albert Behler, SL Green’s Marc Holliday and Empire Real Estate Trust’s Tony Malkin  (iStock, slgreen.com, vno.com, paramount-group.com, esrtreit.com, LinkedIn)
Office landlords profess optimism despite dip in occupancy
Office landlords profess optimism despite dip in occupancy
Building Engines CEO Tim Curran and JLL CEO Christian Ulbrich (Building Engines, Getty)
JLL buys Building Engines for $300M
JLL buys Building Engines for $300M
Flight to quality in office real estate leaves trophy buildings the only winners
Flight to quality in office real estate leaves trophy buildings the only winners
Flight to quality in office real estate leaves trophy buildings the only winners
arrow_forward_ios

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

Loading...