CD&R Expands Office Presence at Longtime Seagram Building Home
Private equity firm Clayton, Dubilier & Rice (CD&R) extended its term at RFR’s Seagram Building and expanded its presence at the landmark property by leasing another full floor. The tenant, which has been headquartered at 375 Park Ave. for nearly three decades, now occupies 70,000 square feet, controlling four full floors on a long-term basis.
AJ Camhi and Paul Milunec of RFR represented ownership. Andrew Sachs and Ben Shapiro of Newmark represented CD&R.
In total, RFR recently signed six deals at Seagram. The others include the following:
- Sound Point Capital, represented by CBRE’s Chris Corrinet, Ben Friedland and Silvio Petriello, expanded to 30,728 square feet.
- An institutional investment management firm renewed for 12,739 square feet.
- Horace W. Goldsmith Foundation renewed for 5,000 square feet .
- Pantera Capital, represented by Colliers’ Sheena Gohil and Jack Senske expanded to 5,491 square feet.
- The Landis Group leased 2,381 square feet.
- ◦Lease