NEW YORK CITY-LCOR has completed three leases for its 545 Madison Avenue Class A office building for an asking rent hovering around $70 per square foot. James Caird Asset Management, a London-based hedge fund operator, has leased 7,175 square feet for 10 years and RNK Capital, an environmental finance company, has leased 7,175 square feet for 5 years.
In the third deal, Super Derivatives has leased 6,217 square feet for 10 years. CB Richard Ellis represented LCOR in the transaction.For the full story, go to New York Observer.
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