Horowitz of Cohen and Golod of CBRE handle 29,000 s/f lease for Arxis Capital

Manhattan, NY Arxis Capital has leased two full floors comprising 29,000 s/f for its new corporate headquarters at Charles Cohen’s 623 Fifth Ave. The company was formerly headquartered at 527 Madison Ave.

Arxis was represented in the long-term leasing transaction by Silvio Petrello and Alexander Golod of CBRE while Marc Horowitz, senior vice president and national director of office leasing for Cohen Brothers, together with Colliers, represented the landlord. Asking rent was $95 a s/f.

According to Horowitz, floors of 14,500 s/f are available at the distinctive 36-story skyscraper (formerly known as Swiss Bank Tower), which is located above the Saks Fifth Ave. flagship department store. The property features a striking new sky lobby and recently refurbished elevator cabs.

“We’re delighted that one of the highly successful, new breed of technology-driven financial firms, has chosen 623 Fifth Ave. for their home,” said Cohen, president/CEO of Cohen Brothers Realty Corp. Arxis was founded in 2014 by senior equities trading executives from Bank of America Corp’s global market making business.

Developing and utilizing technological innovations that analyze data in order to deliver liquidity across all asset classes, Arxis has operations in London and Hong Kong in addition to New York.

Cohen heads a multi-faceted real estate development company that owns and manages over 11 million s/f of prime Manhattan, West Side Los Angeles, South Florida and Houston commercial space. Among his other signature New York properties include 135 East 57th St., 750 Lexington Ave., 3 East 54th St., 805 Third Ave., 3 Park Ave., 475 Park Ave. South and the D&D Building at 979 Third Ave.