NEW YORK CITY—Invesco Real Estate, whichrecently led a partnership in the acquisition of 1370Broadway, has appointed Newmark Grubb KnightFrank as the office building's exclusive leasingagent.

The 17-story, 280,000-square-foot Class A office building wasbuilt in 1922 and is located midway between Times Square and HeraldSquare, and near major transportation hubs at Penn Station, PortAuthority and Grand Central Station. With 13-foot ceilings,abundant light and unobstructed views of 6th Avenue to the east,the building features 17,000-square-foot floor plates.

"This long-term investment gives us the opportunity to tap intogrowing demand from growth sectors such astech/advertising/media/information that continue their unabatedexpansion in New York City. They are increasingly looking for morecost-effective alternatives to Midtown South, where theytraditionally have landed. One of those areas of interest is TimesSquare South," says Lesley Lisser, a director inasset management for Invesco Real Estate.