Franklin Templeton Acquires Lease At 23 E 22nd St New York From SL Green For 347474 Sq Ft

Franklin Templeton has signed a lease for office space located at 23 E 22nd St, New York, NY, 10010, covering 347,474 square feet. The property is situated in the New York market and is part of One Madison Avenue, which is currently under construction and is scheduled for completion in November 2023.

Summary of transation details:

• Property Type: Lease
• Transaction Amount: Not specified
• Tenant: Franklin Templeton
• Landlord: SL Green
• Tenant's Representative: Jeff Cushman & John Cushman - Cushman & Wakefield
• Landlord's Representatives: Paul Glickman, Alex Chudnoff, Diana Biasotti, Ben Bass - JLL
• Square Feet: 347,474

One Madison Avenue is now 55 percent preleased, with notable tenants including IBM, which occupies 328,000 square feet, and Chelsea Piers Fitness, utilizing 56,000 square feet. The brokerage team of Cushman & Wakefield, consisting of Rob Lowe, Jeff Cushman, and John Cushman, played a significant role in representing Franklin Templeton during the lease negotiations, while JLL, comprising Paul Glickman, Alex Chudnoff, Diana Biasotti, and Ben Bass, represented SL Green.