In a recent deal, Lee & Associates NYC successfully represented 120/80 GROUP, a healthcare marketing and communications firm, in securing a new lease at 45 W. 45th St. in Midtown Manhattan. The lease covers the entire third floor of the building and spans over four years and four months.
Prior to this move, 120/80 GROUP and its two agencies – 120/80 MKTG and AOx3 – were located at 307 Fifth Ave.
The team from Lee & Associates NYC consisting of Woody King and Alan Friedman represented the tenant while Harley Dalton, Samantha Perlman, and Pierce Hance from Cushman & Wakefield acted on behalf of the landlord AFIAA West Street LLC.
According to King: “After considering various options for their relocation needs, our client ultimately chose this space due to its excellent condition with all necessary amenities already in place.” He also highlighted that being within walking distance from Grand Central Terminal was another major factor that influenced their decision.
This transaction was made possible through effective collaboration between both leasing teams involved.
As part of its expansion plans into Midtown Manhattan’s bustling business district , healthcare marketing firm –120/80 GROUP has recently relocated to an ideal plug-and-play office space at prestigious address-45 W.45th St . This strategic move has been facilitated by leading real estate brokerage firm-Lee&AssociatesNYC who have successfully negotiated favorable terms for their client including an impressive four-year-four-month lease agreement covering approximately8 ,995 square feet spread acrossthe entire third floor .
Previously headquarteredat307 Fifth Ave.,the company along withits two subsidiary agencies-120 /MKGTandAOx3-has now shifted base owingto better prospects offered bythis state-of-the-art facility.Theirdecisionhasbeen backedbyLee&AssociatesNYC’s dynamic duo-WoodyKingandalanFriedmanwho skillfullyrepresentedtheir interestsin the deal. The landlord, AFIAA 45 West 45th Street LLC was represented by Cushman & Wakefield’s team comprising of Harley Dalton, Samantha Perlman and Pierce Hance.
King emphasized thatthe prime locationof this property within walking distance from Grand Central Terminal coupled with its impeccable condition and exclusive rooftop amenities made it an ideal choice for their client.”It has been a pleasure working with the leasing team on this transaction,” he added.
This successful collaboration between both parties is a testament to Lee&AssociatesNYC’s expertise in facilitating seamless real estate transactions.
