The Real Deal New York

Brookfield’s 245 Park Avenue signs financial firm to 38K feet

September 19, 2013 11:04AM

An asset management firm grabbed nearly 38,000 square feet at Brookfield Office Properties’ 245 Park Avenue, at 47th Street.

New York-based Wisdom Tree Investments signed a 15-year lease for the full 35th floor, which is nearly double the size of its current space at 380 Madison Avenue. The firm’s current lease expires in January, a month before the Madison Avenue building undergoes an extensive renovation.

French bank Société Générale took 440,000 square feet at Brookfield’s 45-story building in 2010, and later subleased two floors, previous reports show.

Studley brokers Greg Taubin, Matthew Barlow and Gabe Marans represented Wisdom Tree, while Sarah Pontius represented Brookfield in-house. [NYO]Mark Maurer