Global Infrastructure Partners inks lease at 1345 Sixth Avenue

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

TRD 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


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