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EXLservice Holdings Signs 10-Year Lease Expansion At Munich Re’s 320 Park Avenue In Midtown Manhattan

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LEASED
Carlee Palmer
Frank Doyle
+ 2

New York

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Office30,000 SF
Leased
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Property Image
LEASED

EXLservice Holdings Signs 10-Year Lease Expansion At Munich Re’s 320 Park Avenue In Midtown Manhattan

320 Park Avenue

See Similar Deals
Office30,000 SF
Leased
Carlee Palmer
Frank Doyle
+ 2
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:30000 SF
Transaction Type:Lease

The asset involved in this transaction is an office space located at 320 Park Avenue in Midtown Manhattan. The total square footage of the office is 30,000, which includes the renewal of EXLservice Holdings' lease on the 29th floor and the expansion onto the 22nd floor.

Summary of transaction details:

Key individuals involved in this transaction include David Kleiner, Frank Doyle, and Carlee Palmer representing the landlord Munich RE through JLL. On the tenant side, Scott Bogetti and Meghan Marchini represented EXLservice Holdings with Savills in this lease agreement.

Players

Frank Doyle
25 deals$538.2M volume
BROKER

Carlee Palmer
JLL
19 deals
BROKER

David Kleiner
JLL
13 deals
BROKER

Meghan Marchini
Savills
1 deal
BROKER


LANDLORD

Details

LEASED
IMAGE: David Kleiner, Carlee Palmer, Frank Doyle, Meghan Marchini & Scott Bogetti DATE: 01/07/2026 ADDRESS: 320 Park Avenue MARKET: Midtown Manhattan ASSET TYPE: Office ~ SF: 30,000 LANDLORD: Munich RE (@MunichRE) TENANT: EXLservice Holdings LANDLORD'S REP: David Kleiner, Frank Doyle & Carlee Palmer - JLL (@JLL) TENANT'S REP: Scott Bogetti, Meghan Marchini (@Megie_liz) - Savills (@Savills) NOTE: EXLservice Holdings renewed its 29th-floor office and signed a 10-year lease to expand onto the 22nd floor at Munich Re’s 320 Park Avenue, bringing its total footprint to 30,000 square feet and filling the building to full occupancy.

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Deal Type
Effective Rent (Annual)

$1,719,581.90

Total Lease Value

$17,195,818.97

Net Landlord Cash Flow$1,719,581.90