NEW YORK CITY–Cushman & Wakefield announced Tuesday that it has been appointed by RXR Realty as exclusive leasing agent for a significant parcel of office space in Midtown West. Located at 1330 Ave. of the Americas, between 53rd and 54thStreets, the approximately 100,000-square-foot span is being vacated by Pearson PLC. RXR, the building’s owner recently completed a capital improvement program, which included an upgrade to the building’s plaza.
The total space, which will be available when Pearson PLC leaves at the end of 2013, accounts for seven floors in the 40-story trophy building, which includes floors 7 to 10, 14, 16 and 17. In addition to the available space, the illuminated signage, which is visible on all four-sides of the tower, is also available to a tenant leasing multiple floors.
Cushman & Wakefield will serve as leasing agent for the sale. The company will be represented by a multi-person team, led by Bruce Mosler, chairman of global brokerage, Tara Stacom, vice chairman, Mikael Nahmias, senior managing director of the firm’s strategic agency services group, Jared Horowitz, executive director, Whitten Morris, associate director and Peter Alden, senior associate.
The building has a great deal to offer companies that are in the market for top-quality space, including the chance to boost their image, says Mosler.
“This is an incredible branding opportunity for a trophy building in Midtown Manhattan that offers high-quality space with hands-on ownership,” he says.
1330 Avenue of the Americas is a class-A office building. It was built in 1965 and completely renovated in 2006. The property is located within walking distance to Central Park and near several major subway lines. RXR bought the structure back in 2010 for about $400 million, or $750 per-square-foot.