Cohen & Steers Leases Office Space At 1166 Sixth Avenue In Midtown Manhattan For 15 Years

The office property located at 1166 Sixth Avenue in Midtown has been leased for a term of 15 years. The landlord, Marsh McLennan, represented by Dan Glaser and Minskoff Equities, has secured Cohen & Steers as the tenant. Michael Geoghegan and Michael Wellen of CBRE acted as the tenant's representatives in the deal. On the other side, David Falk and Andrew Sachs from Newmark represented the landlord.

Summary of transaction details:

• Property Type: Office
• Transaction Date: 09/13/2022
• Address: 1166 Sixth Avenue
• Market: Midtown
• Asking Rent: $87/ft.
• Size: 161,000 square feet

The lease agreement between Marsh McLennan and Cohen & Steers marks a significant transaction in the office market. Despite the absence of additional details, the deal showcases the commitment of both parties involved in securing the long-term occupancy of the property.