Marx Realty has signed two new office offers in its 10 Agung Central property amounting to 14,000 square meters, the company announced there.
In the largest deal, a private equity firm Brenton Point Capital Partners will move to 10 Grand Central from 900 Third Ave and occupies 9,000 square feet on the building’s 24th floor at a rent of $108 per square foot, according to Marx.
Meanwhile, Corner Stonehuman capital management company with artificial intelligence that is currently in 11 West 42nd Streetwill occupy 5,000 square meters on the second floor of 10 Grand Central, at a rent of $85 per square meter, Marx said.
“This lease reflects the variety of top-of-the-line companies that chose 10 Grand Central and the great experience it offers,” Craig DeitelzweigCEO Marx Realty, said in a statement. “Brenton Point and Cornerstone will benefit from an environment that combines thoughtful design, personalized service and a collection of hospitality-inspired amenities.”
Cornerstone is represented by CBRE‘s Josh Pernice and Frederick Fackelmayer. Brenton Point is represented by Owen Reda and Gary Daviesalso from CBRE. JLL‘s Mitchell Konsker, Thomas Schwartz, Carlee Palmer and Margaux Kelleher represented Marx in both deals.
The broker and tenant did not immediately respond to Commercial Observer’s request for comment. The length of each lease was not disclosed.
Standing 35 stories high next to it Grand Central Terminal10 Grand Central takes a hotel-like approach to the office environment, offering tenants concierge services and facilities worthy of a five-star resort. Other tenants at 10 Grand Central include a global data intelligence company Curinos, bank holding company Merchants Bancorp and national business advisory firm river.
Amanda Schiavo can reach the aschiavo@commercialobserver.com.