Strike Holdings renews, expands 545 Madison lease
Strike Holdings Group, a financial services firm, has both renewed its lease and doubled its footprint at LCOR’s 545 Madison Avenue, the New York Observer reported. The deal is a 10-year lease for 13,754 square feet, divided equally between renewed and new office space. In 2010, Strike inked a deal for the building’s 15th floor and will now expand up to the 16th floor. The Observer noted that this lease brings the 17-story, 142,000-square-foot property to 93 percent occupancy. In addition, leases for over a quarter of the building’s space have been completed in the last four months.
A CBRE team composed of Gregg Rothkin, Paul Milunec, Keith Cody and Robert Kluge represented the landlord in the deal. Daniel Fiskus of Norman Bobrow & Company represented the tenant.
Now, the only available space is located on the third floor of the building, and its tenant would likely be of the financial type, Rothkin told the Observer. [NYO] —Zachary Kussin