No vacancy: Park Avenue fills up as office tenants snag every square foot
Park Avenue’s office market is tight — and getting tighter. At Vornado Realty Trust and SL Green’s 280 Park Avenue, financial firms Elliott Investment Management, Wells Fargo and PJT Partner inked deals for a total of 90,000 square feet in the last three months, leaving a mere 19,000 square feet of available space. That’s just one example of the corridor’s limited inventory. Project management firm Turner & Townsend signed a lease in February for 24,000 square feet at SL Green’s 100 Park Avenue, bringing the 36-story tower to full occupancy. Southern Land Company’s 13,000-square-foot lease at Global Holdings’ 99 Park […]
This article originally appeared on The Real Deal. Click here to read the full story.
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