Rockrose signs 41K sf in leases at 300 PAS

Lieberman Research, Creative Circle filling void on floors below FanDuel HQ

TRD New York /
Jun.June 20, 2017 03:00 PM

Justin Elghanayan and 300 Park Avenue South

Rockrose Development TRData LogoTINY signed a trio of leases totaling roughly 41,000 square feet at 300 Park Avenue South in recent months, the firm said.

The developer sought to fill the vacant space on the floors below the penthouse triplex occupied by FanDuel, the billion-dollar fantasy sports startup that has a pending merger with rival DraftKings.

Texas-based marketing research consultancy Lieberman Research Worldwide and staffing agency Creative Circle signed full-floor leases at the ninth and seventh floors in the past month, respectively. Publicly traded software firm Bazaarvoice signed for the 11th floor in February. The floor plates at the 14-story, 170,000-square-foot office building are each about 13,700 square feet. Asking rents average in the mid-to-high $70s per square foot.

The new tenants are replacing public-relations firm M. Booth, marketing analytics company Hitwise and advertising agency Leo Burnett Company. The eighth floor, one of two floors that were occupied by Leo Burnett, is the building’s only unclaimed floor.

A Cushman & Wakefield team led by Josh Kuriloff and Andrew Braver and Rockrose’s Rob Fink represented the landlord in the deals.

Savills Studley’s Greg Taubin represented Lieberman, Cushman’s Andrew Ross represented Creative Circle, and CBRE’s Sacha Zarba, Jared Isaacson and Alice Fair represented Bazaarvoice.

Shortly after FanDuel signed a lease at the building in 2015, its fate was unclear amid a crackdown from regulators on fantasy sports. Sources said FanDuel’s lease remains intact, though the Federal Trade Commission plans to sue to block the FanDuel-DraftKings merger.

(To view more of Rockrose Development’s office leasing transactions, click here)


Related Articles

arrow_forward_ios
John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

From left: 295 Fifth Avenue, 3 World Trade Center, 50 Rockefeller Plaza (Credit: Google Maps, Wikipedia)

These were NYC’s top office leases in October

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

50 Rockefeller Plaza and Katten's Chris DiAngelo (Credit: Google and Katten)

Katten law firm moving to Rockefeller Center

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

From left: Pavel Fuks, Michael Cohen, Felix Sater, and Donald Trump (Credit: Getty Images and Wikipedia)

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

arrow_forward_ios