JLL brokers 7 leases for 39,522 s/f at 1330 Ave. of the Americas
Manhattan, NY JLL leased 39,522 s/f of office space in a series of transactions at 1330 Avenue of the Americas, a 525,000 s/f Midtown tower owned by a joint venture of Creed Equities, Hakimian Capital, CH Capital Group and Nassimi Realty.
The 40-story tower is undergoing strategic renovations by ownership to meet the demands of tenants seeking premium amenities, custom prebuilt space and a premier location.
A JLL team led by executive managing director Christine Colley, managing director Simon Landmann, vice presidents Lance Yasinsky and Thomas Swartz, and vice chairman Mitch Konsker serves as exclusive leasing agent for the property. The team has completed seven transactions:
• Prime Finance expanded to 10,400 s/f, taking the entire 25th floor with a new lease extension;
• York Capital Management renewed its 10,000 s/f direct lease for five years, with JLL’s Evan Margolin representing the tenant;
• Pamplona Capital Management relocated from 667 Madison Ave., leasing 5,243 s/f on the 24th floor, represented by Corrine Neupaur of Tishman Real Estate;
• MFG Partners extended and expanded to 4,525 s/f on the 26th floor, represented by David Yablon of Katz & Associates;
• Sellaronda Global renewed its 3,445 s/f lease for three years, represented by Jonathan Anapol of Prime Manhattan;
• Apollon Wealth Management renewed its 3,072 s/f lease for five years, represented by Barry Zeller and Troy Elias of Cushman & Wakefield; and
• General Equities renewed its 2,837 s/f lease for five years.
Ownership’s capital improvements will feature an impressive suite of amenities called Club 1330, which will consist of shared conference facilities, a sophisticated tenant lounge, a large café, golf simulator and dedicated wellness room set to be complete this month.
“We’re thrilled by the recent leasing momentum, which validates our investment to enhance and elevate the property. Our goal is to create a best-in-class experience for tenants, offering the kind of amenities typically reserved for major corporate campuses. This effort has positioned the building to meet the evolving expectations of today’s tenants,” said Michael Hakakian of Creed Equities.
“It’s incredibly encouraging to see a spate of renewals and new leases as tenants recognize the value of the building improvements and the power of ownership’s long-term vision,” said Colley. “1330 Avenue of the Americas has established itself as a premier building in the Plaza District.”
The contemporary glass and steel property features below-grade parking for 250 vehicles and a bike room. High ceilings and natural light showcase views of the skyline and Central Park, with the building’s central location offering access to multiple subway lines.