Carlyle expands Midtown footprint with 202K sf across Park Avenue towers
Private equity heavyweight Carlyle Group is bulking up in Midtown. The investment firm signed leases totaling over 200,000 square feet across two Park Avenue towers, including a 150,000-square-foot deal at SL Green Realty’s 245 Park Avenue, the Commercial Observer reported. The 10-year lease in Midtown signals continued demand from finance tenants for high-end office space near Grand Central. Carlyle also picked up another 52,000 square feet at Irvine Company’s 200 Park Avenue, better known as the MetLife Building. At that property, Carlyle will share part of the fourth floor with MetLife, which renewed roughly 400,000 square feet in the building […]
This article originally appeared on The Real Deal. Click here to read the full story.
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