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440 Capital Doubles Office Space in Move to Brookfield’s 660 Fifth Ave.
Alternative credit asset manager 400 Capital Management LLC has signed a lease at Brookfield Properties’ 660 Fifth Ave. in Midtown Manhattan. The firm will occupy 25,572 square feet beginning in August 2024, more than doubling the size of its current office.
The lease announcement comes as Brookfield Properties nears completion of a $400-million redevelopment of the circa-1957 building, which it acquired in 2018. In May of this year, financial services firm Macquarie Group signed a lease as the anchor tenant for 221,754 square feet across six floors of the tower.
On behalf of 400 Capital, CBRE vice chairman David Hollander and SVP Brad Auerbach brokered the deal. Brookfield was represented in-house by Duncan McCuaig, Dave Caperna, and PJ Massey, and by the Cushman & Wakefield team of Bruce Mosler, Josh Kuriloff, Ethan Silverstein, John Santora, Matthias Li, Nicholas Dysenchuk and Howard Cross.
- ◦Lease