Blue Owl Capital will grow its presence even larger at its Manhattan office location at 375 Park Avenue.

The alternative investment asset management company has signed a lease with RFR Realty, which operates the Seagram Building, for a total of 238,673 square feet, according to a report from the Commercial Observer.

The deal includes an extension to the 168,597 SF it already operated, which includes the second through sixth floors. Plus, it will add another 70,076, with that portion under contract for the 16-19 floors. Blue Owl's space at the property is almost at full occupancy.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.