TemPositions, a leading temporary employment agency, has recently secured a permanent 19,317-square-foot space on the 39th floor of Midtown’s prestigious building at 622 Third Avenue. This long-term lease agreement was made with Cohen Brothers Realty after TemPositions subleased the property. The rental rate for this prime location was approximately $70 per square foot.
Notable recent transactions in this building include Tower Abstract leasing 5,000 square feet on the 35th floor and McCann Worldgroup renewing their lease for an impressive 450,000 square feet in early-2019. Representing TemPositions was Matt Leon of Newmark while Marc Horowitz handled negotiations for Cohen Brothers Realty in-house.
According to Horowitz, “This is a highly sought-after building due to its upcoming renovations and constant reinvestment by Charles Cohen. Our tenants continue to return and new ones are drawn to our exceptional offerings.” With strong activity levels amidst current market conditions, it is evident that this property remains ahead of the curve.
The article originally appeared on Connect CRE but has been edited according to SEO guidelines without any mention of “Connect” or specific locations such as LA or Texas.
