News: Brokerage

Blairs of Cushman & Wakefield lease 8,841 s/f office space to Zoller Equity Partners at 600 Lexington Ave.

Manhattan, NY According to Cushman & Wakefield,  Zoller Equity Partners LLC signed a seven-year, 8,841 s/f lease at 600 Lexington Ave. in Midtown’s Plaza District.

Harry Blair and Harry Blair IV of Cushman & Wakefield represented the landlord, Lex NY Equities, LLC, while Jason Greenstein and Dylan Weissman of Newmark negotiated on behalf of Zoller.

“Financial services firms are making deliberate decisions about where they operate,” said the property’s landlord, George Cantrell, president of Capitol Crossing Advisors. “600 Lexington delivers what matters – premier Plaza District positioning, efficient floor plates, and solid ownership that is committed to the asset. Zoller Equity Partners’ lease reflects continued demand for quality buildings that support long-term growth.”

“One of the defining strengths of 600 Lexington is ownership’s ability to make thoughtful, timely decisions,” said Blair, executive managing director at Cushman & Wakefield. “They are pragmatic, broker-friendly, and focused on getting transactions done. That clarity and efficiency make a meaningful difference in competitive situations.”

600 Lexington Ave. is a Class A office tower located at the corner of Lexington Ave. and East 52nd St. The property has efficient floor plates and access to Grand Central Terminal and multiple subway lines. Amenities include a second-floor tenant lounge with a golf simulator, as well as a concourse level fitness center with locker rooms and showers.

Zoller Equity Partners LLC is a private equity-focused advisory firm specializing in GP seeding, private fund placement, and strategic investor relations. The firm’s relocation to 600 Lexington Avenue supports its continued expansion and positions it in the heart of Midtown’s core financial corridor

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.