With 3 more tenants, 360 Madison Ave. 85 percent full.

Cushman & Wakefield (C&W) announced that the Kipp/Stawski Group has signed three more tenants for 360 Madison Ave., a 25-story, 360,000-SF glass office-building located at the northwest corner of Madison Avenue and 45th Streets. The class-A tower is the only speculative new construction project underway in the Grand Central area of Manhattan. With the addition of the three tenants, the building is 85 percent leased with less than 58,000 SF of available space. The first tenant will be moving in this month.

C&W, the world's largest fully integrated real estate services firm, represents Kipp/Stawski Group as its exclusive leasing agent for 360 Madison Ave. The building, scheduled to open Dec. 26, features the latest tenant amenities and cuffing-edge design by Richard Cook and Associates. Sleek and transparent, it boasts a dramatic multi-story entrance set back from the street.

The most recent lease was signed by The Bond Market Association, which represents securities firms and banks that underwrite, trade and sell debt securities. The Bond Market Association took 39,822 SF, on the entire 17th and 18th floors and part of the 15th and 16th floors. KeyBank National Association, one of the largest bank-based financial services firms, leased the balance of the 15th floor. A third lease involved the International Swaps and Derivatives Association Inc. (ISDA), a global trade association representing leading participants in the privately negotiated derivatives industry, which leased the balance of the 16th floor. Earlier this year, Intrepid Capital Management Inc., a private money management firm, leased a full tower floor. Investment firm Gerard Klauer Mattison & Co. Inc. leased four low-rise floors.

"The addition of three prestigious tenants in the last few weeks is a testament to the quality of the building, the benefits of its infrastructure and its excellent ownership," said Paul Glickman, an executive director of C&W, who represents the building. "As the only new speculative construction initiative in the Grand Central area, it represented an opportunity for the businesses involved to be part of a brand new building with premier design and an extremely desirable location. With the building slated to open later this month, and only a few premier tower floors remaining, we expect to see continued strong demand for 360 Madison," Glickman added.

Along with Glickman, Matthew R. Astrachan, a C&W senior director, and Shawna O. Menifee, an associate director, represent Kipp/Stawski. The brokerage team is working with C&W's Strategic Agency Services on the building's marketing and leasing program.

The Bond Market Association was represented by Louis Buffalino, of CSFB Realty. The International Swaps and Derivatives Association was represented by Paul Revson and John Johnson of Julien J. Studley. John Crozier, of Trammell Crow, represented KeyBank.

In addition to the new tenants, other major tenants at 360 Madison Ave. include investment firm Gerard Klauer Mattison & Co. Inc., the CPA firm of David Berdon & Co. LLP, as well as the Screen Actors Guild Inc.