The Moinian Group’s 535 Fifth Ave. reaches 100% retail occupancy with 5,200 s/f lease to Paris Saint-Germain

Manhattan, NY The Moinian Group have reached 100% retail occupancy at 535 Fifth Ave., an office and retail property with the recent signing of a 5,200 s/f, 10-year lease with Paris Saint-Germain, the Paris-based professional football club.

“As we have reached 100% retail occupancy and move toward achieving 100% occupancy of 535 Fifth’s office component in the near future, we continue to see significant demand for high caliber and turnkey spaces,” said Gregg Weisser executive managing director - director of leasing, The Moinian Group. “The property’s prime and accessible location garners ample foot traffic and offers abundant levels of light and views, which will continue to attract the most prominent companies and institutions.”

Joining the roster of retail tenants at the property including NBA, Best Buy and Läderach, Paris Saint-Germain is utilizing their newly opened space to serve as their largest retail location to date globally, featuring a wide range of collectibles, fan gear and exclusive jerseys.

In addition to the fully leased retail portion of the property, the office component is also approaching full occupancy. Earlier this year Altice USA leased the entire 23^rd floor, Cablevision Lightpath leased the 4,850 s/f prebuilt space and Forest Hills Financial Group, a subsidiary of The Guardian Life Insurance Company of America, leased the entire 7,175 s/f 13^th floor.

Located at West 44^th St., 535 Fifth Ave. is a 36-story, 329,733 s/f office and retail property renovated by the architectural firm Gensler, providing full-floor spaces, views of Fifth Ave., and the city’s skyline. The building is in close proximity to 5-star hotels, shopping, and many transportation options.