Accenture Leases 200,000 SF for Regional Headquarters Consolidation in 2004

NEW YORK CITY-Management and technology consulting firm Accenture, formerly Andersen Consulting, will consolidate its headquarters at 1345 Avenue of the Americas from five floors scattered throughout the building to 200,000 sf on five contiguous full floors of the 50-story tower.

The 15-year direct lease–the firm currently occupies sublet space in the Fisher Brothers-owned building–begins in May 2004, when the bulk of the new space is vacated by Arthur Andersen LLP. Andersen will move its operations to Times Square Tower, Boston Properties’ 48-story building currently under construction on 42nd Street between Broadway and Seventh Avenue. Accenture was previously a part of Andersen.

Accenture was represented by Julien J. Studley Inc. vice chairman Mitchell Steir and executive managing director Matthew Barlow. Fisher Brothers was self-represented. Details of the transaction were not released.