Cushman & Wakefield arranges multiple leases at 400 Madison Ave.

Manhattan, NY Cushman & Wakefield has arranged multiple leases totaling 16,445 s/f at 400 Madison Ave. in the fourth quarter, a 200,000 s/f office property located near Grand Central Station.

Cushman & Wakefield’s Harry Blair, Lauren Hale and Michelle Mean represented the landlord, Daishin America LLC, in the transactions.

“We are thrilled to welcome these tenants to 400 Madison Avenue’s impressive tenant roster,” said Blair. “We experienced a successful year at 400 Madison Avenue, signing 15 leases totaling 47,000 s/f throughout 2023. As tenants continue to prioritize wellbeing and accessibility, they will benefit from the property’s brand new, state-of-the-art conference center and tenant lounge, as well as Grand Central Madison’s entrance across the street from the building, allowing for direct access to numerous public transportation options.”

Select recent transactions include:

• Evertree Insurance, LLC, a personal lines insurance agency, signed a new 3,390 s/f lease.

• Tekne Capital Management, a fundamental equity manager, signed a new 3,095 s/f lease.

• Cipher Capital LP, an investment management firm, signed a 2,743 s/f lease renewal.

• Think Outsourcing, a property maintenance company, signed a new 2,722 s/f lease.

• Hogarth Davies Lloyd, a global executive search firm, signed a 2,564 s/f lease renewal.

• National Committee on American Foreign Policy, a nonprofit policy organization, signed a new 1,940 s/f lease.

400 Madison Ave. is a 22-story office building situated between 47^t  and 48^th Sts. on Madison Ave. Built in 1929, the property recently underwent a significant capital improvement program that included a new lobby and amenity center.