NEW YORK CITY—Rockefeller Group has reached 77% occupancy of1271 Avenue of the Americas with H.I.G. Capital's leasing 57,829square feet. The global private equity and alternative assetsinvestment firm will move from 600 Fifth Ave. to occupy the entire23rd floor and a portion of the 22nd floor in their new offices.The iconic skyscraper was the first building to be developed in themodern expansion of Rockefeller Center to the west side of SixthAvenue.

Although additional terms of the lease were not disclosed, asource close to the deal tells GlobeSt.com that H.I.G.'s move isscheduled for Q4 2019 and asking rents in the building have rangedfrom $90 to $125 per square foot. In addition, the source notesthat H.I.G. is substantially expanding its space, leasingapproximately 32,000 square feet at its current Fifth Avenuelocation. Deals of this nature typically range 10 years orlonger.