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HNA’s 245 Park Ave. Scores 224K SF of Leases
SL Green Realty, as leasing agent for HNA Group North America’s 245 Park Ave., finalized leases covering 224,408 square feet. Leases include:
• Ares Management Corporation, a global alternative investment manager, signed a five-year, 38,564-square-foot lease renewal and expansion. The tenant was represented by Savills’ Daniel Horowitz, Jeff Peck, John Bertram and Roi Shleifer of Savills.
• The Norinchukin Bank, a Japanese cooperative bank, signed a five-year, 37,611-square-foot renewal. JLL’s Daoud Awad and Hitoshi Aratani represented the tenant.
• Houlihan Lokey, a leading global investment bank and existing subtenant at 245 Park, signed a new 10-year lease covering 148,233 square feet. The tenant was represented by CBRE’s John Maher, Paul Stimpfle and Peter Gamber.
SL Green, together with a Cushman & Wakefield team of Patrick Murphy, Tara Stacom, Ron LoRusso, Justin Royce, Pierce Hance and Will Yeatman, represented HNA in all three transactions.
For comments, questions or concerns, please contact Paul Bubny
- ◦Lease