PEI Group, a business intelligence platform that provides investment professionals with access to global markets, has signed a ten-year lease at RXR’s 530 Fifth Avenue in New York. The firm will be relocating from its current office at 130 W 42nd Street to occupy 14,341 square feet on the 14th floor of the building.
A spokesperson from PEI Group highlighted the appeal of 530 Fifth Avenue due to features such as its boutique nature and diverse tenant roster as well as amenities and proximity to transit including Grand Central Terminal’s recent addition of LIRR and East Side Access services.
The deal was facilitated by William Elder, Andrew Ackerman, Walter Rooney (all RXR) alongside John Ryan, Brooks Hauf and Patrick Steffens (Avison Young). Representing PEI Group was Joseph Gervino also from Avison Young.