Japanese trust bank signs 90K sf lease at McGraw-Hill Building

Mitsubishi UFJ Trust and Banking taking ninth and tenth floors in Rockefeller Group tower

TRD New York /
Nov.November 11, 2014 09:00 AM

Japanese trust bank Mitsubishi UFJ Trust and Banking agreed to take 90,000 square feet at Rockefeller Group’s 1221 Sixth Avenue.

The bank is relocating its offices from 420 Fifth AvenueAnd 520 Madison Avenue to the ninth and tenth floors at the McGraw-Hill building on Sixth Avenue and West 48th Street, according to the New York Post.

Cushman & Wakefield’s John Cefaly and Ed Guiltinan represented the Rockefeller Group and Jones Lang LaSalle’s Daoud Awad and Toshi Aratani represented the bank, according to the newspaper.

Last year, more than 500,000 square feet of space in the building became available as French bank Société Générale, moved to 45 Park Avenue

With Mitsubishi’s lease, only four floors remain available in the 50-story, 2.5 million-square-foot office building. Asking rents are around $78 per square foot.

Earlier this year, MUFG Union Bank signed on for 209,700 square feet in the same building, where the lobby is being renovated for the first time since 1999, according to the newspaper. [NYP, 1st] — Claire Moses 


Related Articles

arrow_forward_ios
From left: Rockefeller Group CEO with 1221 6th Avenue and Tishman Speyer CEO Rob Speyer with 630 Fifth Avenue (Credit: Google Maps; Rockefeller; Drew Angerer/Getty Images)

Big law firm lease falls through at Tishman Speyer’s 630 Fifth

Big law firm lease falls through at Tishman Speyer’s 630 Fifth
Sam Chang and 150 West 48th Street (Credit: Google Maps)

Sam Chang lands $250M loan for Midtown hotel project

Sam Chang lands $250M loan for Midtown hotel project
1271 Sixth Avenue and Rockefeller Group CEO Daniel Moore (Credit: Rockefeller Group)

Investment bank takes two full floors at Rockefeller’s 1271 Sixth Ave

Investment bank takes two full floors at Rockefeller’s 1271 Sixth Ave
Rockefeller Group looks to sell large Midtown development site

Rockefeller Group looks to sell large Midtown development site

Rockefeller Group looks to sell large Midtown development site
AIG in talks for up to 200K sf at 1271 Sixth

AIG in talks for up to 200K sf at 1271 Sixth

AIG in talks for up to 200K sf at 1271 Sixth
Rockefeller Group lands $203M loan for NoMad assemblage

Rockefeller Group lands $203M loan for NoMad assemblage

Rockefeller Group lands $203M loan for NoMad assemblage
Israeli billionaire provides $53M cash infusion for NoMad resi tower

Israeli billionaire provides $53M cash infusion for NoMad resi tower

Israeli billionaire provides $53M cash infusion for NoMad resi tower
Developers are scrambling to meet growing demand for warehouse space

Developers are scrambling to meet growing demand for warehouse space

Developers are scrambling to meet growing demand for warehouse space
arrow_forward_ios

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

Loading...