Enhance Financial Services Group signs lease at 335 Madison Avenue.Enhance Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Group, a bond reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. firm, has signed a 15-year lease expansion for 121,087 square feet of office space at 335 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. . The lease comprises floors 19, 25 and 26 of the 1.1 million square-foot building between 43rd and 44th streets. Barbara Winter, senior vice president at Jones Lang LaSalle Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Fortune magazine's list of the 100 Best Places to Work in the U.S. , handled the transaction for the- Milstein family, which owns the building. Julien J. Studley, Inc. represented the tenant in the transaction. "The ownership of 335 Madison Avenue is very pleased to retain and expand the lease of such a prestigious firm," said Winter, "Enhance Financial, which is expanding rapidly, has increased its presence in the building by one-third. Enhance took the last full floors that were available in the building." Jones Lang LaSalle is the exclusive leasing agent for 335 Madison Avenue, which is now 98 percent leased. |
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