Sumitomo Mitsui Banking Corporation Expands Lease To 316000 SF At 277 Park Avenue, Midtown Manhattan

The property asset involved in this transaction is an office building located at 277 Park Avenue in the Midtown Manhattan market. The total square footage of the asset is 316,000, following an expansion by the tenant. The landlord for this lease is Stahl Organization.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 277 Park Avenue
• Market: Midtown Manhattan
• Landlord: Stahl Organization
• Tenant: Sumitomo Mitsui Banking Corporation (SMBC)
• Brokers: Mark Boisi, Bryan Boisi & Stephen Bellwood - Cushman & Wakefield

The deal involved Sumitomo Mitsui Banking Corporation expanding its lease by 50,000 square feet, bringing their total space in the building to 316,000 square feet. The brokers representing the parties in this transaction are from Cushman & Wakefield, specifically Mark Boisi, Bryan Boisi, and Stephen Bellwood.