High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Midtown New York  + Office  | 

H.I.G. Relocates from Fifth Ave. to 1271 Sixth

H.I.G. Capital has leased 57,829 square feet at Rockefeller Group’s 1271 Ave. of the Americas, and will relocate from 600 Fifth Ave.

The lease brings the redeveloped tower’s office occupancy to 77%. Rockefeller Group anticipates the remaining space will be leased prior to completion of the $600-million makeover at year’s end.

“Rockefeller Group made a major commitment to redevelop and reintroduce 1271 to the New York business and real estate communities, and it is extremely rewarding to see companies like H.I.G. Capital respond to the opportunity and choose to relocate to the building,” said Bill Edwards, EVP and head of core holdings for Rockefeller Group.

H.I.G. Capital, which has $30 billion in assets under management, was represented by NKF’s Brad Needleman and Jason Perla. Rockefeller Group was represented in-house by Ed Guiltinan and Jennifer Stein, and by CBRE’s Mary Ann Tighe, Howard Fiddle, John Maher, Evan Haskell and Dave Caperna.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Rockefeller Group's EdwardsConnect With CBRE's TigheConnect With NKF's Needlman

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).

  • ◦Lease