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

250th Issue

The Real Deal celebrates 250 issues

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline

Neir's Tavern (Credit: Google Maps)

Landlord to bar owner: You don’t have to go home but you can’t stay here

Fosun Property’s Bo Wei, Refinitiv’s David Craig and 28 Liberty Street (Credit: Getty Images, Google Maps)

Fintech firm signs on for massive lease at 28 Liberty

From left: 333 Johnson Avenue, 250 Livingston Street and 12 MetroTech Center (Credit: Google Maps)

City agencies dominated Brooklyn’s biggest office leases of 2019

Savannah's Christopher Schlank with One Court Square and Tishman Speyer's Rob Speyer with the JACX at 28-10 Queens Plaza South (Credit: Getty Images, One Court Square and CityRealty)

LIC dominated Queens office leases in 2019

Amazon CEO Jeff Bezos with 410 Tenth Avenue and 1251 Sixth Avenue with Mitsui Fudosan America’s John Westerfield (Credit: Google Maps, Getty Images, Wikipedia)

Amazon’s West Side deal tops list of Manhattan’s biggest December office leases