The Real Deal New York

Advertising tech firm leases last remaining space at RXR’s 620 Sixth Avenue

June 07, 2013 10:00AM

RXR Realty has leased the last remaining vacancy at 620 Sixth Avenue to advertising technology company Mediaocean, Crain’s reported.

Asking rents are in the low $60s per square foot at the 20-story, 2 million-square foot-plus building, located between West 18th and 19th streets. Mediaocean took the building’s entire 88,400-square-foot sixth floor in the deal, where CBRE’s Gregory Tosko and Sacha Zarba represented the tenant. 

The deal follows Spotify’s lease deal for the seventh-floor penthouse of the building last year, which commanded area-leading rents in the $70s per square foot, Crain’s said.

RXR’s William Elder repped the landlord in-house.

In recent months, RXR has been on an acquisition spree that ranks it among the most aggressive buyers of trophy office properties in the city, as The Real Deal reported. [Crain’s]Hiten Samtani