Three leases signed at 250 West 55th Street

Firms to occupy a total of 23,265 SF at the office tower’s 16th floor

New York /
Apr.April 20, 2014 09:00 AM

 Three firms have made deals to occupy a total of 23,265 square feet at the recently-built 250 West 55th Street.

Veracen Partners, RTW Investments & LifeSci Capital and Coltrane Asset Management have each signed leases for 11,263 square feet, 7,196 square feet and 4,806 square feet, respectively, at the nearly one million square-foot office property at Eighth Avenue. All three companies will occupy a portion of the 16th floor of the 38-story office tower.

This is Veracen’s first office in New York. RTW Investments & LifeSci Capital, a healthcare investment firm, is relocating from 1350 Avenue of the Americas. Coltrane is relocating from 10 East 53rd Street.

Christie Harle, Sam Seiler and Peter Turchin from CBRE Group represented landlord Boston Properties in all three deals. Pamela Parasugo of Howard Ecker represented Veracen, RTW by Oliver Petrovic of Studley and Coltrane by CBRE’s Arkady Smolyansky and Ben Friedland.

Asking rents were into the $90s per square foot. [NYO] —TRD


Related Articles

arrow_forward_ios
CBRE's Emma Giamartino and Bob Sulentic (CBRE, iStock)
Flush with cash, CBRE is ready to spend
Flush with cash, CBRE is ready to spend
Boston Properties CEO Owen Thomas (Thomas by Axel Dupeux, iStock)
Work-from-home threat “overstated,” Boston Properties CEO says
Work-from-home threat “overstated,” Boston Properties CEO says
Turner & Townsend CEO Vincent Clancy and CBRE CEO Bob Sulentic (Turner & Townsend, CBRE)
CBRE pays $1.3B for 60% stake in London-based project manager
CBRE pays $1.3B for 60% stake in London-based project manager
In Greenwich, CT, office demand has popped, lifting rents and spurring bidding wars for choice spaces. (iStock)
Greenwich targets NYC’s office workers as leasing surges 312%
Greenwich targets NYC’s office workers as leasing surges 312%
Bill Shanahan and Darcy Stacom (Getty)
CBRE nabs REBNY’s top two “ingenious deal” awards
CBRE nabs REBNY’s top two “ingenious deal” awards
The short-term renewal trend in NYC office market is winding down. (iStock illustration by Kevin Rebong for The Real Deal)
As confidence grows, more office tenants shun short-term renewals
As confidence grows, more office tenants shun short-term renewals
Gotham Organization Chairman Joel Picket with the proposed development at 130 Felix Street. (Getty, 130 Felix)
These projects just beat the rezoning deadline
These projects just beat the rezoning deadline
Demir Sabanci and 41-47 West 57th Street (Sedesco, Google Maps)
Sedesco seeks floor area bonus for new Billionaires’ Row skyscraper
Sedesco seeks floor area bonus for new Billionaires’ Row skyscraper
arrow_forward_ios

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

Loading...