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315 Park Ave. South 315 Park Ave. South/ photo credit: Alan Schindler

NEW YORK CITY—Columbia Property Trust is leasing two full floors, 34,100 square feet of office space for 11 years and four months at 315 Park Ave. So. to PitchBook Data, Inc., a subsidiary of Morningstar, Inc. A source close to the transaction says the asking rent was $92 per square foot.

In 2015, Columbia bought the 20-story, 334,000 square-foot office building, located at Park Avenue South and the corner of 24th Street in the heart of Midtown South, for $368 million, according to Real Capital Analytics. Originally constructed in 1910, the building is now 84% leased.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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