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Brookfield’s 245 Park Avenue signs financial firm to 38K feet

245 Park Avenue and Dennis Friedrich, CEO of Brookfield Office Properties
245 Park Avenue and Dennis Friedrich, CEO of Brookfield Office Properties

An asset management firm grabbed nearly 38,000 square feet at Brookfield Office Properties’ 245 Park Avenue, at 47th Street.

New York-based Wisdom Tree Investments signed a 15-year lease for the full 35th floor, which is nearly double the size of its current space at 380 Madison Avenue. The firm’s current lease expires in January, a month before the Madison Avenue building undergoes an extensive renovation.

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French bank Société Générale took 440,000 square feet at Brookfield’s 45-story building in 2010, and later subleased two floors, previous reports show.

Studley brokers Greg Taubin, Matthew Barlow and Gabe Marans represented Wisdom Tree, while Sarah Pontius represented Brookfield in-house. [NYO]Mark Maurer

 

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