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Rudin Secures Lease Extension and New Tenant at 355 Lexington

Rudin has completed two new leases totaling 22,843 square feet at 355 Lexington Ave., its boutique office tower in Midtown Manhattan’s Grand Central district.

ADCO Electrical Corporation, a renowned electrical contractor, finalized a 10-year lease renewal and expansion covering 14,446 square feet. ADCO is relocating from its current 8,500-square-foot space.

In addition, B6 Real Estate Advisors, which specializes in investment sales, capital advisory and special situations for the commercial real estate industry, signed a five-year lease for an 8,397 square-foot pre-built suite. The brokerage and consulting firm has already relocated its headquarters to 355 Lexington.

“We are thrilled to extend our long-term relationship with ADCO and to welcome B6, which was a perfect fit for our successful pre-built office suite program,” said Michael Rudin, EVP at Rudin.

Bill Montana of Savills represented B6. Robert Steinman, SVP at Rudin, represented building ownership in both transactions.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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 GlobeSt.com 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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