Frederick and Occhi of Cassidy Turley secure three leases totaling 24,900 s/f at 527 Madison Avenue

Cassidy Turley, one of the leading commercial real estate service providers in the U.S., negotiated three leases totaling 24,900 s/f at 527 Madison Avenue on behalf of Wunderlich Securities, Long Pond Capital and Meru Capital. "Each of these companies were looking for premier office space in Midtown, which led them to 527 Madison, an outstanding property that has recently been renovated and features full-floor layouts and city views," said James Frederick, executive managing director and principal of Cassidy Turley. "We're working directly with the ownership team at 527 Madison to enhance the tenant experience and provide first-in-class services." Cassidy Turley signed the following new leases: * Long Pond Capital signed an 8,200 s/f lease expansion for the entire 15th floor. The company was looking to expand its office. In order for Long Pond Capital to move in within the timeframe needed, Cassidy Turley arranged for the early termination of Sanders Morris Harris' lease to provide access to the space for interior construction. * Wunderlich Securities, a full-service brokerage firm with 26 offices across 15 states, signed an 8,600 s/f lease for the entire 10th floor. The Cassidy Turley team worked with Sanders Morris Harris to convert Wunderlich from a sublease, which is scheduled to expire in late fall 2013, to a direct lease from the ownership. * Meru Capital Group, this New York-based hedge fund launched in 2009, renewed for 8,100 s/f, the entire 17th floor. Frederick and Peter Occhi, managing director of Cassidy Turley represented owner Mitsui Fudosan America in the transaction. Cassidy Turley is the exclusive marketing and leasing agent for 527 Madison Avenue. Brian Hay, first vice president of CBRE, served as tenant representative for Wunderlich Securities, and Daniel Madison, executive managing director of Newmark Grubb Knight Frank, represented Long Pond Capital and Meru Capital.