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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.
- ◦Lease