Investment bank gobbles up 41K sf at
Paramount’s 1301 Sixth Ave.

Leerink Partners is moving from 299 Park Avenue

New York /
Jul.July 19, 2017 10:45 AM

An investment bank just inked a lease for the entire 12th floor of the Paramount Group’s 1301 Sixth Avenue.

Leerink Partners plans to take 40,811 square feet at the 45-story office tower, the New York Post reported. Details on the deal weren’t immediately available, but asking rent in the building ranges from the mid-$70s to $90s per square foot.

A team from Savills Studley represented Leerink while a JLL team repped Paramount on the deal.

Leerink will leave behind a 26,000-square-foot office on the 21st floor of 299 Park Avenue. The company wanted to have a full-floor office but needed more space.

On its website, Paramount lists the entire 38th, 41st and 42nd floors as available. Part of the 35th floor — just over 15,000 square feet — is also up for grabs. In January, reinsurance company Swiss Re inked a lease for the 43rd through 45th floors of the 1.7 million-square-foot building. [NYP] — Kathryn Brenzel 


Related Articles

arrow_forward_ios
Mark Zuckerberg with 55 and 30 Hudson Yards
Meta to cut Hudson Yards office space
Meta to cut Hudson Yards office space
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
A photo illustration of the proposed Lower Platte River Corridor (Getty, Plan Preserve Play NE)
Nebraska lawmakers mull digging $1B recreation lake
Nebraska lawmakers mull digging $1B recreation lake
From left: Tishman Speyer CEO Rob Speyer, KKR co-founder Henry Kravis, and a rendering of 341 Ninth Avenue (Getty, Tishman Speyer)
KKR dumps Manhattan office plans
KKR dumps Manhattan office plans
Illustration of Stefan Soloviev (HaydenSoloviev, CC BY-SA 4.0, via Wikimedia Commons, Getty)
Soloviev bets long-dormant Midtown East site in casino sweepstakes
Soloviev bets long-dormant Midtown East site in casino sweepstakes
CHIP's Jay Martin and HCR Commissioner RuthAnne Visnauskas (Getty)
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
PulteGroup's Ryan R. Marshall and RedFin's Glenn Kelman (PulteGroup, RedFin, Getty)
Wall Street is bidding up housing stocks again
Wall Street is bidding up housing stocks again
Empire Capital Holdings' Josh Rahmani, Hakimian Capital's Michael Hakimian, RXR's Scott Rechler and 1330 6th Avenue (Getty, Hakimian Capital, Empire Capital Holdings, 1330aofa.com)
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
arrow_forward_ios

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

Loading...