Paramount’s 1325 Sixth Ave. sees 200,000 sf in lease deals

TRD New York /
Feb.February 19, 2014 08:02 AM

In recent months, the Paramount Group has booked up roughly 200,000 square feet in new or renewed lease deals at 1325 Sixth Avenue Near 53rd Street in Midtown.

Among the tenants were tech research firm Gartner Inc., financial consultancy Ingalls & Snyder, Merrill Communications and financial software company OpenLink. Gartner and Ingalls & Snyder both grabbed 25,000 square feet – on the 17th and 18th floors, respectively. Cushman & Wakefield broker Kevin Daily represented Gartner, while his colleague Michael Burgio represented Ingalls & Snyder. 

OpenLink took 17,000 square feet on the 20th floor. Jones Lang LaSalle brokers Daoud Awad and Bob Ageloff represented the tenant, the New York Post reported. Merrill also committed to 25,000 square feet.

Prior to the new deals, Warner Bros. renewed its 100,000-square-foot space over four floors. Studley’s Howard Nottingham handled it. Asking rents ranged between mid-$60s and mid-$70s per square foot. Jones Lang LaSalle’s Dave Kleiner, Doug Neye and Frank Doyle repped the landlord. [NYP]Mark Maurer


Related Articles

arrow_forward_ios
Former JLL employee sues alleging toxic “boys club”

Former JLL employee sues alleging toxic “boys club”

Former JLL employee sues alleging toxic “boys club”
Cushman & Wakefield’s Brett White

Cushman & Wakefield reports $101M quarterly loss

Cushman & Wakefield reports $101M quarterly loss
JLL CEO Christian Ulbrich (Ulbrich by Jemal Countess/Getty Images for Women's Forum of New York)

JLL profits halved by pandemic

JLL profits halved by pandemic
IBM CEO Arvind Krishna

IBM narrows search for big Manhattan office

IBM narrows search for big Manhattan office
From left: 1633 Broadway, Paramount CEO Albert Behler, and 1301 Sixth Avenue (1633 Broadway and 1301 Sixth Avenue via Google Maps; Behler by Sean Zanni/Patrick McMullan via Getty Images)

Paramount staff did not enjoy working from home: Q2 earnings

Paramount staff did not enjoy working from home: Q2 earnings
(iStock)

Look out below: Major real estate services firms brace for falling earnings

Look out below: Major real estate services firms brace for falling earnings
Shawn Mobley (left), is being replaced by Andrew McDonald (right) as CEO of the Americas at Cushman

Shakeup at Cushman: Mobley out, McDonald promoted

Shakeup at Cushman: Mobley out, McDonald promoted
1633 Broadway and Paramount CEO Albert Behler (Google Maps, Getty)

TRD Insights: The rents at Paramount Group’s 1633 Broadway

TRD Insights: The rents at Paramount Group’s 1633 Broadway
arrow_forward_ios

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

Loading...