CBRE seals 45,000 s/f Sixth Avenue sublease.

Regent Business Centers, a leader in providing premium business facilities, recently committed to a 45,000-square-foot, sublease space, consisting of the entire 27th and 28th floors, at 1325 Avenue of the Americas.

This new facility, which joins 575 Lexington Avenue and 787 Seventh Avenue as the firm's third Manhattan location, highlights Regent's continuing national and local growth and expansion.

CB Richard Ellis' Roger Griswold, a Senior Vice President in the firm's Midtown office, represented Regent in the sublease. CBRE's Robert Alexander, David Maurer-Hollaender, Douglas Lehman, Alan Wildes and David Berkey acted on behalf of Deutsche Bank, the sublessor.

"This sublease enables Regent to further expand their Midtown presence with nicely appointed and well-maintained, fully-furnished space at very advantageous economic terms," Mr. Griswold said.

"With the success they've had in this midtown sub-market and fully aware that the market was tightening, Regent was eager to secure an additional facility to accommodate their growing business." Mr. Griswold is the senior broker for CBRE, which exclusively represents Regent on a national basis, having first developed a relationship with that firm more than ten years ago.

He initially represented Regent in 1995 in the establishment of their first West Coast operation, in San Francisco. Mr. Griswold shortly thereafter established their initial Los Angeles and Denver offices. Regent currently has 12 offices across the United States.

Built in 1989, the 750,000 s/ft 1325 Avenue of the Americas is home to tenants such as Warner

Bros., ING Financial, Hilton Hotels Corporation, ACE Financial Services and The William Morris Agency, among others.