Marx Realty Secures Tenant Expansions at 10 Grand Central
Marx Realty has announced two significant tenant expansions at its Midtown Manhattan tower, 10 Grand Central, totaling 24,000 square feet. These leases are part of an ongoing restack initiative aimed at enhancing the tenant experience and optimizing space utilization in the building.
Merchants Bancorp, a bank holding company, will relocate from its current 8,700-square-foot office on the 24th floor to an expanded 18,000-square-foot space on the 14th floor. Additionally, global professional services firm TMF Group is growing its presence by moving from a 3,000-square-foot suite on the ninth floor to a 6,000-square-foot office on the 34th floor.
“We remain committed to continuously elevating the tenant experience and are steadfast in our goal to create a workplace experience that inspires people every day,” said Craig Deitelzweig, CEO of Marx Realty. “These expansions illustrate the success of our vision.”
Chris Foerch of Savills represented Merchants Bancorp in the transaction, while Jason Roberts of JLL represented TMF Group. Marx Realty was represented in both deals by a JLL team led by Mitchell Konsker, Thomas Schwartz, Carlee Palmer, and Nicole Danyi.
