search

The Real Deal Logo

Trending

Housing deal finally passes; here are the detailsHousing deal finally passes; here are the detailsBillionaire hedge funder Larry Robbins makes South Florida moveBillionaire hedge funder Larry Robbins makes South Florida moveHow low? LNR buys San Francisco office building for 11% of 2018 priceHow low? LNR buys San Francisco office building for 11% of 2018 priceChavin surrenders Loop office-to-resi play with deed-in-lieu of foreclosureChavin surrenders Loop office-to-resi play with deed-in-lieu of foreclosure
New York

Finance firm signs long-term lease on Sixth Avenue

KLS Professional Advisors takes 16-year lease at 1325 Sixth Avenue

1325 Sixth Avenue and Paramount's Albert Behler
1325 Sixth Avenue and Paramount's Albert Behler

KLS Professional Advisors Group signed a long-term Lease On Sixth Avenue, as many of the corridor’s current tenants are moving out.

Sign Up for the undefined Newsletter

KLS signed a 16-year lease for 30,852 square feet at 1325 Sixth Avenue, which is owned by Paramount Group. The firm is currently occupying 19,500 square feet at 111 Fifth Avenue, where it will be terminating its lease one year early. KLS is expected to move in the fall, according to the New York Post. Savills Studley’s Joseph Genovesi and John Harte represented the tenant.

JLL’s Frank Doyle represented Paramount Group in the transaction. [NYP, 1st] — Claire Moses

Tags
Paramount Group