Virgo Business Centers expanding presence at Midtown office tower

Company is doubling its space at 1345 Sixth

TRD New York /
Feb.February 16, 2018 11:00 AM

1345 Sixth Avenue and Virgo CEO Joseph Scharf (Credit: Fisher Brothers and LinkedIn)

Virgo Business Centers, a shared office space provider, has inked a sublease deal that will see the firm double its footprint at 1345 Sixth Avenue.

The company’s new deal is for just over 42,000 square feet and will encompass the entire 33rd floor at the Fisher Brothers property, according to the Commercial Observer. Virgo should move into the space by June, and the sublease will run through the end of 2024. The asking rent was $79 a square foot.

Virgo appears to be leasing the 33rd floor from the investment management firm AllianceBernstein. The investment management company serves as the anchor tenant at 1345 Sixth, where it leases about 1 million square feet of space.

Anthony Dattoma from CBRE represented the tenant in the deal, and Jared Horowitz, Neil Goldmacher and Brian Goldman of Newmark Knight Frank represented the landlord.

Virgo now leases about 83,000 square feet at the building, as they subleased the second floor from AllianceBernstein in 2013, which spans 41,000 square feet. The company has more than 200,000 square feet across five New York buildings, including the Empire State Building.

The law firm Linklaters and the private equity firm Fortress Investment Group are also tenants at 1345 Sixth. [CO]Eddie Small


Related Articles

arrow_forward_ios
From left: 50 Hudson Yards, 341 Ninth Avenue, 30 Hudson Yards (background) with Google's Sundar Pichai, Amazon's Jeff Bezos and Facebook's Mark Zuckerberg (Credit: Google Maps and Getty Images)

Big tech puts Manhattan office leasing within reach of annual record

Renderings of The William Vale and Denizen Bushwick with a Tel Aviv Stock Exchange ticker

All Year eyes sale of William Vale to pay off bonds

Amazon CEO Jeff Bezos (Credit: Getty Images)

Mapping Amazon’s current office and warehouse footprint in NYC

Breather CEO Bryan Murphy (Credit: LinkedIn and iStock)

Breather bloodbath: Flex-office startup fires 17% of staff

Today’s Northern NJ office sales volume is double 2018’s

Today’s Northern NJ office sales volume is double 2018’s

Clockwise from left: 1 New York Plaza, Hudson Yards, 341 Ninth Avenue and 55 Water Street (Credit: Google Maps, Wikipedia Commons, Getty Images)

These were NYC’s top office leases in November

Stephen Levin, REBNY's Jim Whelan and Brad Lander (Credit: Getty Images)

The bill that won’t die: Will commercial rent control finally pass?

Softbank CEO Masayoshi Son (Credit: Getty Images)

SoftBank’s $3B payout to WeWork’s investors is delayed

arrow_forward_ios