NEW YORK CITY—Forensic financial services firm AlixPartners has shifted its operations in Manhattan from 40 West 57th St. to Vornado Realty Trust's 909 Third Ave. office tower.
AlixPartners signed a sublease for 65,000 square feet and has relocated to the 33-story 1,328,350-square-foot office tower, according to CBRE Group, Inc., which brokered the 12-year sublease for the entire 29th and 30th floors at 909 Third Ave. CBRE's Silvio Petriello, executive vice president; Ben Friedland, executive vice president, and Mike Wellen, senior vice president, represented AlixPartners in the sublease transaction.
The space is being subleased from pharmaceutical firm Actavis, which was represented by CBRE's Howard Fiddle, vice chairman, Anthony Dattoma, senior vice president, and Evan Fiddle, associate.
“While the relocation was for the same amount of space, the 909 Third Ave sublease allows AlixPartners to house significantly more employees due to better configuration, while also realizing substantial savings” says CBRE's Petriello.
Activas revealed plans last October to make available for sublease approximately 175,000 square feet of space at 909 Third Ave. The space availability was the result of of consolidations of facilities following its acquisition of Forest Laboratories.
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