Irvine Company Office Properties and CBRE have solidified their partnership at 200 Park Avenue with a lease extension and new management agreement that will last until 2037. As the exclusive leasing agent and property manager, CBRE will take over from Tishman Speyer, building upon their existing long-term tenancy.
Leading the leasing team are Mary Ann Tighe and Howard Fiddle, while Tom Lloyd and Pia Silvestri will oversee property management. Asset management responsibilities fall to Joe Mancuso and Ed Guiltinan of CBRE Investment Management. To enhance the building’s appeal, Irvine Company has invested $200 million in renovations completed last year which include a redesigned lobby, upgraded dining options, a wellness center, and outdoor amenities.
“We are honored to have called 200 Park Avenue our home for 36 years,” said Matt Van Buren President of Advisory Services for New York Tri-State at CBRE. “We are excited about this opportunity to work alongside Irvine Company as we continue writing the next chapter in this iconic building’s remarkable history.”