JLL has completed three transactions for a total of 65,428 square feet of space at 99 Park Avenue, a 25-story Class A office building located near Grand Central Terminal in Manhattan, on behalf of property owner Global Holdings Management Group, an international alliance of real estate asset management and investment.
JLL has completed a 28,165 s/f lease at 500 Park Avenue in Midtown Manhattan for SLR Capital Partners.
SLR Capital Partners, a commercial finance platform, renewed its lease on the entire third floor for 19,684 s/f and expanded by 8,481 s/f on the partial sixth floor.
Constructed
in 1984, 500 Park Avenue is a 40-story tower that features commercial office
space on the lower floors and luxury condominiums on the upper floors. The
property recently completed a Gensler-designed lobby upgrade with new signature
artwork and furnishings.
The building is one of the Plaza District’s leading signature assets. It is located two blocks from Central Park, and is surrounded by restaurants, retail outlets and cultural attractions. The 4, 5 and 6 subway lines are just steps away from the property, providing direct access to Grand Central Terminal.