Salesforce nears 300K sf deal at 3 Bryant Park

Software giant to take MetLife's space at Ivanhoe Cambridge property

TRD New York /
Oct.October 06, 2015 03:37 PM

With MetLife planning to consolidate its offices at its namesake building, Salesforce is looking to sublease 300,000 square feet of the insurance giant’s digs at 3 Bryant Park.

The cloud software firm is in advanced talks to take the space at Ivanhoe Cambridge’s Midtown property,  the Commercial Observer reported.  MetLife currently leases well over 400,000 square feet as well as rooftop signage at the 1.2 million-square-foot tower, which Ivanhoe Cambridge and Callahan Capital Properties bought from the Blackstone Group for $2.2 billion in January.

Cushman & Wakefield’s Bruce Mosler, John Cefaly, Robert Lowe and Ethan Silverstein are representing MetLife, while their colleague Gus Field is representing Salesforce.

Salesforce currently holds two offices in Manhattan, at 685 Third Avenue in Midtown and 155 Sixth Avenue in Hudson Square.

MetLife recently moved to expand its presence at 200 Park Avenue, the MetLife Building, to 500,000 square feet, and said it would close all its other offices. [NYO]Ariel Stulberg


Related Articles

arrow_forward_ios
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
Rich Barton, Howard Lorber, Jay Hennick, Brett White

Real estate firms are raising billions in debt and equity. Here’s why

Real estate firms are raising billions in debt and equity. Here’s why
Clockwise from top left: Vornado's Steven Roth, Newmark Knight Frank's Barry Gosin, Redfin's Glenn Kelman, SL Green's Marc Holliday, Marriott's Arne Sorenson, Zillow's Richard Barton, Realogy's Ryan Schneider, and Cushman's Brett White

A real estate earnings call season for the ages

A real estate earnings call season for the ages
Cushman & Wakefield's Brett White (Credit: iStock)

Cushman’s income drops 70% in Q1

Cushman’s income drops 70% in Q1
He sold the Willis Tower and the GM Building. But can Doug Harmon sell the Mountain?

He sold the Willis Tower and the GM Building. But can Doug Harmon sell the Mountain?

He sold the Willis Tower and the GM Building. But can Doug Harmon sell the Mountain?
Pandemic pay cuts: Analysis shows real estate CEOs aren’t giving up much

Pandemic pay cuts: Analysis shows real estate CEOs aren’t giving up much

Pandemic pay cuts: Analysis shows real estate CEOs aren’t giving up much
Cushman & Wakefield CEO Brett White

Cushman’s Brett White taking 25% salary cut

Cushman’s Brett White taking 25% salary cut
Cushman & Wakefield Netherlands’ head Jeroen Lokerse

Cushman & Wakefield already has a social distancing office concept in development

Cushman & Wakefield already has a social distancing office concept in development
arrow_forward_ios

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

Loading...