Global Infrastructure Partners inks lease at 1345 Sixth Avenue

Infrastructure investor will occupy 30th floor of 50-story Midtown building

New York /
Nov.November 21, 2017 02:50 PM

1345 Sixth Avenue (Credit: Fisher Brothers)

Infrastructure investment company Global Infrastructure Partners is moving across town.

The private equity firm inked a 42,300-square-foot lease for the 30th floor of Fisher Brothers’ 1345 Sixth Avenue,  located between West 54th and 55th streets, according to the Commercial Observer. Asking rent was $95 per square foot, and the lease will last for 16 years and two months.

The move will likely take place in mid-2018. Global Infrastructure Partners is currently located at 12 East 49th Street and has offices in Sydney, London and Stamford as well. The company manages more than $40 billion in assets.

The Avenue of the Americas building is going through $65 million worth of renovations. Other tenants include General Motors and Fortress Investment Group. [CO] Eddie Small


Related Articles

arrow_forward_ios
The Centre at Purchase at 1, 2, 3, 4 Manhattanville Road with George Comfort & Sons CEO Peter Duncan (George Comfort & Sons)
Westchester office park owned by George Comfort & Sons slated for auction
Westchester office park owned by George Comfort & Sons slated for auction
Attorney General Letitia James and A&E Real Estate CEO James Patchett (Getty, iStock)
A&E pays just $510K in lead-paint settlement
A&E pays just $510K in lead-paint settlement
Seeding from recapitalization of 25 health care properties
KKR, Cornerstone in $1B JV to develop health care facilities
KKR, Cornerstone in $1B JV to develop health care facilities
The Broadway location of Halloween Adventure (Facebook via New York Costumes / Halloween Adventure)
Halloween Adventure to vacate East Village home as retail condo hits market
Halloween Adventure to vacate East Village home as retail condo hits market
Bluerock Residential CEO Robert Ramin Kamfar (Owler)
NY-based multifamily REIT Bluerock explores sale
NY-based multifamily REIT Bluerock explores sale
Two more rent law challenges tossed, landlords reserve hope in appeal
Two more rent law challenges tossed, landlords rest hopes on appeal
Two more rent law challenges tossed, landlords rest hopes on appeal
Purchases across the country rose 0.7 percent in August, easily outpacing estimates by retail analysts. (iStock)
Big month for retail sales bodes well for landlords
Big month for retail sales bodes well for landlords
A rendering of River Ring with Two Trees CEO Jed Walentas (BIG, Getty)
CB1 approves Two Trees’ River Ring, keeping project on pace
CB1 approves Two Trees’ River Ring, keeping project on pace
arrow_forward_ios

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

Loading...