Manhattan, NY Cushman & Wakefield arranged a 10-year, 8,210 s/f lease renewal for Gard North America (Gard N.A.) at 40 Fulton St. One of the maritime industry’s leading insurers will continue to have a footprint in New York and occupy the entire 16th floor.
Cushman & Wakefield’s Aron Schreier, Max Mond and Carlisle Wheeler represented the tenant in the transaction. The landlord, Fulton & Pearl Holding LLC, was represented by Bruce Surry and Sam Spillane of CBRE.
“Gard North America believes in the importance of the office and the Downtown market where it has been for decades,” said Schreier. “Gard’s long-term commitment to 40 Fulton Street is proof of both.”
40 Fulton Street is a 29-floor office property totaling approximately 252,000 s/f. Major tenants include Fortune Media and Seaport Capital.