News: Brokerage

CBRE leads CoStar's 2015 midyear Manhattan office leasing list; Posts 22 of the top 50 deals

CBRE Group, Inc. turned in the top performance on the 2015 Midyear List of Top Office Leases, responsible for 22 of the top 50 transactions, according to CoStar's top-50 list, published by Crain's New York Business. CBRE had five of the top 10 deals, representing Morgan Stanley in its 414,759 s/f renewal at 750 Seventh Ave.; Bloomberg in its 340,428 s/f new lease at 919 Third Ave.; J. Walter Thompson in its 288,793 s/f renewal at 237 Park Ave., and WeWork in its 178,441 s/f new lease at 1460 Broadway. Two of the top five transactions featured CBRE on both sides of the deal—CBRE and SL Green Realty Corp. represented the landlord in Bloomberg's lease at 919 Third Ave., and CBRE and Fisher Brothers Management Company represented the landlord in Fortress Investment Group LLC's 200,720 s/f new lease at 1345 Avenue of the Americas. "CBRE is pleased to be in a strong position at the midyear mark," said Matt Van Buren, president of the firm's New York tri-state region. "Heading into the second half of the year, we look to harness this momentum to drive even greater results for our clients and our firm."
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