Tribeca Investment Group, PGIM Real Estate, and Meadow Partners have celebrated the signing of a substantial lease with Quinn Emanuel Urquhart & Sullivan, LLP (Quinn), securing 132,000 square feet at 295 Fifth Avenue, marking Midtown South’s largest relocation in 2023. 

The CBRE team of David Hollander, Peter Turchin, Mary Ann Tighe, Brett Shannon, Liz Lash and Hayden Pascal negotiated the transaction on behalf of ownership. The CBRE team of Lewis Miller, Greg Maurer-Hollaender and Cara Chayet represented Quinn. “The deal affirms a larger trend in Midtown South: As technology firms have dialed back their leasing activity, the gap is being filled by firms from traditional industries that are realizing upgraded buildings in Midtown South bolster their initiatives to attract and retain talent,” said Tighe. 

295 Fifth Avenue’s $350 million redevelopment of the 700,000-square-foot building, also known as the ‘Textile Building,’ was completed in April of 2023. The redevelopment prioritized outdoor workspaces, flexible interiors, and hospitality amenities for an enhanced employee experience.