“New York’s 245 Park Ave Secures 75K-SF Lease with Tradeweb Markets and SL Green”

"New York's 245 Park Ave Secures 75K-SF Lease with Tradeweb Markets and SL Green"

Tradeweb Markets LLC, a leading operator of electronic marketplaces for rates, credit, equities and money markets, has recently signed a new 15-year lease for the entire 29th and 30th floors at 245 Park Avenue in Midtown. The Class A office building spans over 1.8 million square feet and is currently undergoing redevelopment with upgrades such as a terra cotta overclad exterior, new windows, lobby renovations and elevator cab updates. Additionally, the building will feature amenities including a landscaped plaza area,a wellness center spanning over17 ,000 square feet,a high-end restaurant covering10 ,000 square feet,and an exclusive rooftop lounge.

Jones Lang LaSalle’s David Kleiner,Micheal Berg,Wil McGarry,and Finley Burger represented Tradeweb Markets LLC in this transaction while Cushman & Wakefield’s Patrick Murphy,Bruce Mosler,Tara Stacom,Harry Blair,Ron LoRusso Justin Royce,Pierce Hance,and Will Yeatman acted on behalf of the landlord,S L Green Realty Corp.

The news of Tradeweb Markets’ expansion into their newly leased space at245 Park Avenue was announced by industry sources on Connect CRE .

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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