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Cushman & Wakefield arranged a long-term lease for Russell Investments at Beacon Capital Partners and MetLife’s 575 Fifth Ave. in Midtown Manhattan.

Russell Investments Inks Lease at Fifth Avenue Tower

Cushman & Wakefield arranged a long-term lease for Russell Investments at Beacon Capital Partners and MetLife’s 575 Fifth Ave. The global investment solutions firm will occupy 8,568 square feet. 

Cushman & Wakefield’s Nick Masi and David Mainthow represented the tenant, while the firm’s Josh Kuriloff, Matthias Li, Andrew Braver and Eric Hazen represented the property’s ownership. 

575 Fifth Ave. is a 40-story, 513,740-square-foot office tower near Grand Central Terminal, Rockefeller Center and Bryant Park. Beacon and MetLife recently completed a $30-million capital improvement program, including a new lobby, building systems, corridors, bathrooms and a bike room. 

“We’ve been seeing a trend of tenants looking for quality office space in amenity-rich buildings and 575 Fifth Ave. is a great fit for Russell Investments,” said Mainthow. 

Kuriloff added, “575 Fifth Ave. is a well-located, prominent asset fit for a multitude of different types of tenants.” 

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Cushman & Wakefield's MainthrowCushman & Wakefield's Kuriloff

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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