REAL ESTATE WEEKLY 2017
DEALS & DEAL MAKERS
Lease deals at landmark Seagram Building
RFR Realty announced that it has signed over 77,000 s/f of leases with a variety of new and established tenants at
375 Park Avenue, its 38 story, 837,000 s/f landmark property.The average asking rent
at the office tower, whiich is currently 95 percent occupied, is $185 per square
equity firm InvestIndustrial signed a lease for 5,465 square feet that will expand its footprint and relocate the
firm within the property. Founded in 1990 by Andrea C. Bonomi, the company has approximately $6.1 billion USD (€5.6 billion)
of raised fund capital and provides capital to mid-market companies. InvestIndustrial has offices in Switzerland, Spain, United
Kingdom, United States, Luxembourg and China.
The tenant was represented by Thomas Birnbaum
of NYC Realty Advisors LLC.