The fully leased building is occupied by 10 tenants includingfurniture company Grainger, which just took 25,000 sf ofground-floor space to serve as both an office and showroom. 619 W.54th St, which sits between 11th Avenue and the Westside Highway,also has 21 parking spaces.
"KBS was attracted to this property because of its goodcondition, efficient floor plates, expansive loading dock andon-site parking features which in total are unique amenities in thesubmarket," says Shannon Hill, SVP for KBS. "The property is invery good condition, offers efficient floor plans and has goodlight and air and views from the upper floors."
Other tenants include Universal Music, Atlantic Recording andWachtell Lipton & Rosen. Hill tells GlobeSt.com that theaverage rental rate in the building is $22 per sf.
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