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Junto Capital Relocates to Full-Floor Space at 550 Madison Ave.

Junto Capital Management has signed a long-term lease at The Olayan Group’s Midtown office building 550 Madison Ave., the New York Business Journal reported. The investment advisory firm will take over a 25,000-square-foot space spanning the property’s entire 33rd floor, in a relocation from 450 Park Ave. 

Over the past year, there has been significant leasing activity at the 41-story, 800,000-square-foot-building. Most recently, Michelin-starred restaurateur Simon Kim signed a lease to bring a new restaurant concept to the base of the building. 

CBRE represented both landlord and tenant in the transaction. Representing The Olayan Group were Mary Ann Tighe, Scott Gottlieb, Howard Fiddle, Ben Joseph, Arkady Smolyansky and Alice Fair. Negotiating on behalf of Junto Capital Management were CBRE’s Munish Viralam, Ben Friedland, Taylor Scheinman and Marlee Teplitzky. 


Inside The Story

CBRE's Tighe

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 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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