New York, NY Cushman & Wakefield has arranged an 18,803 s/f lease for Complete Discovery Source Inc. at 250 Park Ave. The tenant, a legal services firm, will occupy the entire 18th floor.
Cushman & Wakefield’s David Hoffman, Robert Billingsley and Whitnee Williams represented the landlord, AEW Capital Management, in the transaction. Arthur Spitalnick of Kaufman Leasing Company represented the tenant.
“We are thrilled Complete Discovery Source committed long-term to 250 Park Ave. with a direct lease after being a subtenant in the building,” said Hoffman. “Complete Discovery Source’s decision to remain at 250 Park Ave. speaks to the building’s modern infrastructure and incredible location.”
250 Park Ave. is a commercial office building with a retail component in Midtown Manhattan offering Park Avenue elegance with an efficient center core floor design. The institutionally owned building has completely updated its infrastructure to include a new HVAC system, fiber-optic phone lines, new elevator mechanicals and a modern new lobby with entrances on both Park and Vanderbilt Ave.'s.
“250 Park Ave. is a highly desirable building due to its Class A work environment with a new lobby, interior elevator cabs and state-of-the-art innovations and location in Midtown East,” said Spitalnick. “Having been at the space previously as a subtenant, Complete Discovery Source wanted this location to be a permanent office to support the company’s growth.”
Located steps from Grand Central Terminal and the new Grand Central Madison LIRR station, 250 Park Ave. offers exceptional access to public transportation including Metro North and multiple subway lines, including the 4, 5, 6, 7 and S trains. The neighborhood features an abundance of retail, dining and hospitality options within walking distance.
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