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New York & Tri-State  + Midtown New York  + Office  |  May 25, 2018
Paul Bubny
By: Paul Bubny

JLL Inks Trio of Deals for 300K SF at 875 Third

JLL has completed three leases, including two relocations, totaling 300,000 square feet on behalf of Global Holdings Management Group at 875 Third Ave. Deutsche Bank’s asset management arm, DWS Group, will relocate from 345 Park Ave. to occupy 82,000 square feet of space at the 700,000-square foot property.

Law firm Epstein Becker & Green P.C. will relocate from 250 Park Ave. into 80,000 square feet at 875 Third. Additionally, Cerberus Capital Management has signed a renewal and expansion, increasing its footprint from 119,000 to 132,000 square feet.

875 Third was represented by JLL’s Paul N. Glickman, Diana L. Biasotti and Harley Dalton, while the firm’s Craig Panzirer represented Global Holdings. JLL’s Peter Riguardi, Ken Siegel, Michael Berg and Jeff Szczapa negotiated for DWS.

Epstein Becker & Green was represented by Savills Studley’s Jeffrey Peck and Dan Horowitz. NKF’s David Falk, Eric Cagner and Jason Greenstein represented Cerberus.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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