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JLL Brokers Investment Firms’ Moves to Park Avenue Tower
JLL has brokered two full-floor transactions for a total of 31,951 square feet at 65 E. 55th St., also known as Park Avenue Tower, on behalf of two leading investment firms.
Panagram Structured Asset Management will relocate from 51 Astor Pl.to a long-term lease for 15,436 square feet. Quilvest Capital Partners will relocate from 527 Madison Ave., nearly doubling its footprint in a 10-year lease for 16,515 square feet.
JLL executive managing director Daniel Posy and VP Peter Michailidis represented Quilvest, while Posy, along with associate Ian Lipman, represented Panagram. Property owner EQ Office was represented in-house by Scott Silverstein, director, portfolio management, and by Brent Ozarowski, executive managing director at Newmark, along with the Newmark leasing team.
“These transactions highlight the opportunity for premier tenants to secure superior office space in one of the city’s best commercial towers,” said Posy.
- ◦Lease
