NEW YORK CITY-Quilvest has leased 8,600 square feet of space at 527 Madison Ave. for 10 years. Occupancy rate at the tower, situated between East 53rd and East 54th streets, has reached 100% with the Quilvest deal.

Asking rent was $76 per square foot. Quilvest is planning to relocate to the Madison Avenue building by June. Colliers International's Alan Desino represented the tenant, while Cassidy Turley's Peter Occhi and James Frederick represented Mitsui Fudosan America, the landlord, in the deal. For the full story, go to Crain's New York Business .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.