The Real Deal New York

Asset manager Varagon takes take full floor at 299 Park

November 09, 2017 09:04AM

299 Park Avenue (Credit: Wikimedia/Urbanrenewal)

Fisher Brothers’ 299 Park Avenue now has a tenant for the third floor.

Varagon Capital Partners, an asset manager, signed a 28,316-square-foot lease at the 1.2 million-square-foot building, spanning the entire third story of the 42-story tower, according to Real Estate Weekly. The firm was previously located at 488 Madison Avenue and plans to Move Into Park Avenue by the end of the year.

Fisher Brothers recently inked a 25,000-square-foot lease for Valerie Wilson Travel and a 60,000-square-foot lease for the information-services firm Informa in their building at 605 Third Avenue.

In 2013, Capital One signed a deal to occupy 250,000 square feet at 299 Park. UBS Bank, which occupied as much as 466,000 square feet in 2000, clawed back its footprint last year to 120,000 square feet. [REW] – Eddie Small