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Colgate-Palmolive Consolidates Space at Namesake Tower

Colgate-Palmolive Company has restructured and extended its 241,657-square-foot headquarters lease at Tishman Speyer’s 300 Park Ave., known as the Colgate-Palmolive Building. The property’s anchor tenant is lowering its occupancy cost and consolidating its space onto six floors from a prior total of about 312,000 square feet.

CBRE’s Mary Ann Tighe, Mike Geoghegan, Ken Meyerson and Ariel Ball negotiated the lease restructure and extension, on behalf of Colgate-Palmolive. Tishman Speyer was represented in-house.

“As one of the world’s most prestigious consumer brands, Colgate-Palmolive realized that 300 Park affords the global giant the most flexibility and continuity as possible,” said Tighe. “The restructure and extension of its headquarters lease at 300 Park Avenue also reaffirms its commitment to Midtown Manhattan and the New York City business community.”

Crain’s New York Business reported that Tishman Speyer scrapped plans to redevelop 300 Park in favor of keeping the property’s anchor tenant.


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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 13-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 15-20 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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