Newswire Mann Report

JLL Signs 35,500SF at 1330 Avenue of the Americas

1330 Avenue of the Americas (Photo courtesy of JLL)

JLL has leased 35,500 square feet of office space at 1330 Avenue of the Americas, where new ownership has unveiled a pre-built campaign designed to meet demand from mid-size office users who are the most active in the current market.

A joint venture of Creed Equities, Hakimian Capital, CH Capital Group and Nassimi Realty acquired the boutique, 525,000-square-foot Midtown tower in November 2022. Anchored by Silvercrest Asset Management, Intersystems and Rubenstein Public Relations, it is one of the few boutique office buildings along Sixth Avenue with floorplates ranging from 10,000 square feet to 16,000 square feet.

“1330 Avenue of the Americas is a highly attractive asset in the Sixth Avenue corridor, and this leasing velocity highlights the demand among leading midsize occupiers for custom space in highly amenitized properties in prime locations,” said Kevin Nassimi of Nassimi Realty. “With the unveiling of our newest pre-built offerings, we look forward to welcoming more new tenants to this spectacular asset.”

A JLL leasing team led by Vice Chairman Mitch Konsker, Managing Director Simon Landmann, Senior Vice President Carlee Palmer and Associate Lance Yasinsky serves as the property’s exclusive agent and has begun marketing the new, fully-furnished pre-built units that range from 4,500 square feet to 16,000 square feet. Ownership has also retained architect MKDA to design a new amenity center that it hopes will open in the building by the end of the year.

Since being retained as agent, JLL has completed five new transactions at the building:

The Bahnsen Group, a wealth management company, relocated from 420 Lexington Ave. to a 4,545-square-foot office on the 31st floor. Cushman & Wakefield’s Sean Hoffman represented the tenant in the 10-year transaction.

The hedge fund Aurelius Capital relocated from 535 Madison Ave. to 3,415 square feet on the partial 14th floor. CBRE’s Gary Davies represented the tenant in this three-year deal.

ConvergeOne, a growing global IT services provider backed by Luxembourg-based CVC Capital Partners, will open its first New York City office in 4,540 square feet on the 22nd floor. Cushman & Wakefield’s Mark Lauzon represented the tenant in the five-year deal.

Motion picture and video production services company CF Entertainment renewed its 16,400-square-foot office located across the entire ninth floor. Paige Engeldrum and Dan Organ of Cushman & Wakefield represented the tenant.

I80 Group, a specialty finance fund, expanded to 6,609 square feet on the eighth floor in a five-year deal negotiated on its behalf by CBRE’s Hugh McDonald.