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Brokerage
Posted: June 23, 2008
CBRE arranges 55,755 s/f office renewal at 666 Fifth Ave.
CB Richard Ellis has arranged a 5-year, 55,755 s/f office renewal at 666 Fifth Ave. on behalf of Victoria's Secret. The asking rent is $92 per s/f.
Victoria's Secret was represented by Eric Deutsch, Ken Meyerson, Jason Pollen and Mary Ann Tighe.
Owned by Kushner Cos., the 41-story, 1.492 million s/f building, constructed in 1957, is located between 52nd and 53rd Sts. It underwent an $18 million renovation, including a lobby upgrade, installation of an all-glass, two-story facade and moving the underground subway entrance.
Greg Conen of Tishman Speyer Props. represented the landlord.
 CB Richard Ellis Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is one of the world's largest commercial real estate services firms (in terms of 2007 revenue). With over 29,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis is the only commercial real estate company named one of the 50 "best in class" companies by BusinessWeek, and was also named one of the 100 fastest growing companies by Fortune.
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