Paramount taps JLL to market Midtown office tower

TRD 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


WeWork is investing again with fundraise for proptech

Jackson Park at 28-40 Jackson Avenue and Tishman Speyer's Rob Speyer (Credit: StreetEasy and Tishman Speyer)

Tishman Speyer locks in $1B in financing for Jackson Park

An aerial of 469 President Street, 473 President Street, 514 Union Street (Credit: Google Maps)

Avery Hall Investments buys Gowanus development site for $44M

70 Pine Street and Goldman Sachs chairman Lloyd Blankfein (Credit: Wikipedia and Getty Images)

Goldman Sachs refis Art Deco apartment conversion at 70 Pine with $386M loan

Jonathan Schwartz and Aaron Appel

Aaron Appel leaves JLL to launch own firm

Tom Brady, Gisele home shop in suburbs, North Jersey industrial site sells for $66M & more Tri-State real estate news

HFF brokers hit the ground running at JLL in New Jersey, SALT cap hurts Lower Hudson Valley housing market & more Tri-State real estate news

Somerville moves forward with 31-acre transit village, Woodcliff Lake office property sold for $36M & more North Jersey real estate news