In a series of separate transactions, the William Kaufman Organization leased 12,000 s/f 437 Madison Avenue.
In a series of separate transactions, the William Kaufman Organization leased 12,000 s/f 437 Madison Avenue. Michael Lenchner, Vice President and Director of Leasing at Sage Realty Corporation, the leasing and management division of WKO, represented the building's ownership in-house in both transactions, along with a Jones Lang LaSalle leasing team of Frank Doyle, David Kleiner, Cynthia Wasserberger, Hayley Shoener and Harlan Webster. Asking rents in the building range from $80 to $110 per square foot:
* Renewable energy company TerraGen LLC has signed a five-year, 6,871 s/f lease comprising a portion of the 22nd floor at the 850,000 s/f office building. The company expects to relocate from 1095 Avenue of the Americas in the fourth quarter of 2016. John Fitzsimons of Cushman & Wakefield represented Terra-Gen.
* Litigation finance company Bentham Capital LLC is leasing 5,261 s/f, occupying one of WKO's high-end, built-to-suit office spaces on a portion of the 19th floor for a 10-year term. The company is currently located at 885 Third Avenue. Lance Korman and Brian Waterman of Newmark Grubb Knight Frank represented Bentham Capital.
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|Title Annotation:||New York|
|Comment:||In a series of separate transactions, the William Kaufman Organization leased 12,000 s/f 437 Madison Avenue.(New York)|
|Publication:||Real Estate Weekly|
|Date:||Aug 24, 2016|
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