CBRE Arranges Six Deals Totaling Nearly 50,000 Sq. Ft. at 280 Park Avenue
New York, NY – June 8, 2010 – CB Richard Ellis announced today that it has recently arranged six leasing transactions totaling 48,181 sq. ft. at 280 Park Avenue. The CBRE agency team of Peter Turchin, Paul Amrich, Gregg Rothkin and Sam Seiler represented landlord Investcorp International in all six leases.
Essex Woodlands Health Ventures took the entire 8,650-sq.-ft. 27th floor, and were represented by Barry Zeller and Jeff Lovell of Cushman & Wakefield; Danske Bank signed for 8,600 sq. ft. on the 35th floor, and was represented by CBRE's Matthew McBride; Viking Global Investors took 6,100 sq. ft. of its own on the 35th floor and was represented by Michael Burgio of Cushman & Wakefield; ExlService Holdings, Inc. leased 8,650 sq. ft. on the 38th floor in a deal that was handled by CBRE's Scott Bogetti on the tenant side ; Pacific Coast Capital Partners signed for 5,613 sq. ft. and were represented by Anthony Stapleton of Cogswell Realty; and Private Export Funding Corporation signed a 10,568-sq.-ft. renewal on the 4th floor.
"280 Park Avenue has long been one of the most desirable addresses in the Park Avenue business corridor, and these six blue-chip tenants are an excellent fit for this iconic building," said Mr. Turchin.
Built in 1962 by Emery Roth & Sons, P.C., the 28-story, 1.4 million-sq.-ft. 280 Park Avenue, also known as the Bankers Trust East and West Building, is home to such tenants as Deutsche Bank, Investcorp International, Viking Global Investors, The National Football League, Cohen & Steers, Roundtable Investment Partners, Triarc and Diamond Castle Holdings, and retail tenants including Starbucks, The Prime Grill & Haru.
You can find this and other CBRE New York Tri-State Region Communications and Research information at
www.cbre.com/nytristatemediamagnet.
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2009 revenue). The Company has approximately 29,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis has been named a BusinessWeek 50 "best in class" company for three years in a row. Please visit our Web site at www.cbre.com.
