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New York & Tri-State   /   April 30, 2021

Paul Bubny
By: Paul Bubny

Bracewell Commits to Two Floors with Paramount Group

Paramount Group has signed Bracewell LLP to a 54,095-square-foot lease at 31 W. 52ndnd St. in Midtown Manhattan. Bracewell will occupy the entire 18th and 19th floors for an initial lease term of 16.1 years.

The lease signing backfills more than 40% of the upcoming vacancy, aggregating 131,000 square feet, that is scheduled to occur on April 30. Bracewell is a law and government relations firm primarily serving the energy, infrastructure, finance, and technology industries throughout the world.

“We are delighted to welcome Bracewell to 31 W. 52nd St.,” said Paramount EVP Peter Brindley. “A leader in their field, Bracewell fits the high quality tenant profile that is a signature of Paramount’s portfolio. The execution of this lease demonstrates the desirability of the location, the appeal of the asset, and the ability of our team to transact with a quality tenant even in the current environment.”

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Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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