Search
 

Lease Expansions Give Third Ave. Bldg Full Occupancy

NEW YORK CITY—K2 Intelligence, an international risk analytics consulting firm and the current employer of former NYPD commissioner Ray Kelly, has expanded its presence at the Midtown East office building.

By John Jordan | johnjordan | | Updated on August 29, 2016
845 Third Ave. The 845 Third Ave. office tower, which totals 360,000 square feet, is 100% occupied.
NEW YORK CITY—The Rudin Family’s office tower at 845 Third Ave. is now 100% occupied, thanks to expansion lease deals with two high-profile tenants. K2 Intelligence, an international risk analytics consulting firm, has expanded its presence at the Class A 21-story office building to more than 35,000 square feet. The firm currently occupies the entire 15th floor and subleases the entire 13th floor of the 360,000-square-foot building in Midtown East. It has taken an additional 5,620 square feet on the 18th floor of the building. Kelly, vice chairman of K2 Intelligence, is scheduled to deliver the opening keynote address at the ALM cyberSecure conference on Sept. 27th and 28th at the New York Midtown Hilton. ALM is the parent company of Globest.com. Kroll Bond Rating Agency is taking an additional 10,840 square feet on a portion of the eighth floor for a six-year term, Rudin reports. The firm currently subleases 25,000 square feet on the entire fourth floor. The expansion on the eighth floor is a direct lease with the property owner. Robert Steinman, vice president of leasing at Rudin Management, represented building ownership in-house in both transactions. David Carlos of Savills Studley represented K2 Intelligence and Kroll Bond Rating Agency in the transactions. While no financial details in both lease agreements were released, asking rents at 845 Third Ave. are $65-per-square-foot.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.