Kaufman sells 100-104 Fifth Avenue, brokers deal for tenant

TRD New York /
Jun.June 11, 2013 12:30 PM

The Kaufman Organization, a landlord and brokerage firm, is having success at 100-104 Fifth Avenue.

The company sold the 17-story Midtown South building in partnership with Invesco for $230 million, and then brokered a deal with one of its former tenants there, Crain’s reported. Clarion Partners bought the tower, which Kaufman had purchased for $93 million in 2010, as previously reported.

Leadership Directories, which provides online contact information for business and government workers, will move to 1407 Broadway, a building owned by the Lightstone Group and leased exclusively by Kaufman. The 1.1-million-square-foot building is between West 38th and West 39th streets. The tenant signed a 10-year lease for 12,370 square feet on part of the third floor. Asking rent was $47 per square foot.

Grant Greenspan, a principal at the Kaufman Organization and agent for 1407 Broadway, arranged the deal for the tenant, Crain’s said. [Crain’s]Mark Maurer


Related Articles

arrow_forward_ios
56 West 22nd Street and Michael Kasmierski (Credit: Google Maps)

Kaufman, AXA make $50M Midtown South buy

Kaufman, AXA make $50M Midtown South buy
180 Maiden Lane with Clarion Partners CEO David Gilbert (red) and MHP Real Estate Services CEO David Sturner (blue) (Credit: Google Maps, Clarion, MHP)

Clarion Partners group lands $372M refi on FiDI tower

Clarion Partners group lands $372M refi on FiDI tower
40 West 25th Street and Kaufman Organization's Michael Kazmierski (Credit: Google Maps and Kaufman)

Unizo strikes deal to sell one of its last New York properties

Unizo strikes deal to sell one of its last New York properties
Michael Kazmierski and 19 West 24th Street (Credit Kaufman Organization and Google Maps)

Kaufman Org lands $120M refinancing for Madison Square portfolio

Kaufman Org lands $120M refinancing for Madison Square portfolio
Clarion Partners buys Bryant Park-area office building from EQ Office for $282M

Clarion Partners buys Bryant Park-area office building from EQ Office for $282M

Clarion Partners buys Bryant Park-area office building from EQ Office for $282M
SL Green buys majority stake in $440M Hudson Yards-area building

SL Green buys majority stake in $440M Hudson Yards-area building

SL Green buys majority stake in $440M Hudson Yards-area building
Kaufman Org hires industry veteran Jeff Rosenblatt

Kaufman Org hires industry veteran
Jeff Rosenblatt

Kaufman Org hires industry veteran
Jeff Rosenblatt
These were the top 10 outer borough loans in September

These were the top 10 outer borough loans in September

These were the top 10 outer borough loans in September
arrow_forward_ios

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

Loading...