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PEI Group has signed a new 10 year real estate lease at RXR’s 530 Fifth Avenue

PEI Group Signs New Lease at RXR’s 530 Fifth Avenue 

PEI Group, a business intelligence platform that connects investment professionals across global markets, has signed a ten-year lease at RXR’s 530 Fifth Avenue in New York. The firm will be relocating from its current office at 130 W 42nd Street to occupy 14,341 square feet on the 14th floor of the building.  

“PEI Group was drawn to 530 Fifth Avenue due to the boutique nature of the asset, the diverse tenant roster, amenities, and proximity to transit, specifically Grand Central Terminal with the recent addition of the LIRR, East Side Access,” said a spokesperson from PEI Group. 

The deal was facilitated by William Elder, Andrew Ackerman, and Walter Rooney of RXR, as well as John Ryan, Brooks Hauf, and Patrick Steffens of Avison Young. PEI Group was represented by Joseph Gervino of Avison Young.  

Read More News Stories About: Avison Young
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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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