Antares Capital Renews Office Lease At 280 Park Ave With Expansion

The lease transaction at 280 Park Avenue in Manhattan involved Antares Capital expanding its office space to 76,000 square feet across floors 20 through 23. The deal included a lease renewal until 2034 with an asking rent of $110 per square foot. Antares Capital's growth and commitment to the property are evident in the expansion, as they previously occupied 55,000 square feet at the location.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not provided
• Address: 280 Park Avenue, Manhattan
• Market: Manhattan
• Landlord: David Kaufman - SL Green & Ed Riguardi - Vornado
• Tenant: Antares Capital
• Landlord's Rep: Peter Turchin - CBRE
• Tenant's Rep: Michael Movshovich & Michael Sessa - Cushman & Wakefield
• Leased Space: 76,000 sq ft

The involvement of key individuals in the deal includes David Kaufman and Ed Riguardi as landlords. The tenant, Antares Capital, was represented by Michael Movshovich and Michael Sessa from Cushman & Wakefield, while the landlord's representative was Peter Turchin from CBRE. The lease transaction reflects the growing space requirements of Antares Capital and their strategic decision to extend their lease at 280 Park Avenue.