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German bankers sign lease at 1270 Avenue of Americas.

German bankers sign lease at 1270 Avenue of Americas

Norddeutsche Landesbank Girozentrale (NORD/LB), a leading, private German banking firm, will locate its New York headquarters at Rockefeller Center.

Under a long-term lease, the company will occupy over 13,000 square feet of office space, an entire floor, at 1270 Avenue of the Americas. The bank will take occupancy by the third quarter of 1991.

At its Rockefeller Center headquarters, NORD/LB will concentrate its business on corporate banking activities with a specific focus on German and European companies operating in the U.S. It will also be active in foreign exchange and money market transactions.

The lease transaction was negotiated on behalf of the landlord, Rockefeller Center Management Corporation, by Geoffrey T. Strawbridge, assistant vice president.
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Publication:Real Estate Weekly
Date:Jul 10, 1991
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