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Red Ventures Consolidates Offices to 100-104 Fifth
Clarion Partners’ 100-104 Fifth Ave. is adding Red Ventures, parent company of Bankrate and The Points Guy, to its tenant roster. A digital marketing and technology firm, Red Ventures has signed a 23,000-square-foot lease to consolidate and relocate its New York offices from 1675 Broadway and 251 Park Ave. South.
“The new location will unite two of our fastest-growing consumer brands, The Points Guy and Bankrate, compounding their energy and growth,” said Ric Elias, Red Ventures CEO.
“100-104 Fifth Avenue has proven to be a destination office location for a diverse collection of both established and growing firms in Midtown South,” said Grant Greenspan, principal of the Kaufman Organization, the property’s leasing agent.
Greenspan and Michael Kaufman of Kaufman represented Clarion Partners, while Cushman & Wakefield’s John Cefaly, Nicholas Dysenchuk, Evan Algier, Thomas Ross and Brian Decillis advised the tenant. Red Ventures is expected to take occupancy in November.
For comments, questions or concerns, please contact Paul Bubny
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