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JLL To Market 485,000-SF Midtown Space

NEW YORK CITY-Jones Lang LaSalle has been named leasing agent for 777 Third Ave., where anchor tenant Grey Global is moving out at year's end.

By Paul Bubny | Updated on March 24, 2009

NEW YORK CITY-Jones Lang LaSalle has been selected by the William Kaufman Organization Ltd.–which owns 777 Third Ave.–as exclusive leasing agent for the 583,185-square-foot office tower. Its new assignment will cover 484,600 square feet on 27 floors of the 38-story 777 Third.

Although most of the 484,600-square-foot block derives from the occupancy of a single tenant–Grey Global, which is headquartered there–JLL managing director Cynthia Wasserberger tells GlobeSt.com, “We will divide floors and do single, double and multi-floor deals. We will not have an official asking rent at this time.” The JLL team will be led by Peter Riguardi, president of the firm’s New York office, and includes international director Frank Doyle as well as Wasserberger. The team will work in concert with Michael Lenchner, director of leasing with Sage Realty Corp.

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