Owen D. Thomas Of Boston Properties Leases 275000 SF Office To Starr At 343 Madison Avenue

The asset involved in this transaction is an office space located at 343 Madison Avenue in Midtown Manhattan. The property encompasses 275,000 square feet and is part of a larger 930,000-square-foot building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 343 Madison Avenue
• Market: Midtown Manhattan
• Landlord: Owen D. Thomas - Boston Properties
• Tenant: Starr
• Landlord's Representative: Peter Turchin, John Maher, Evan Haskell & Caroline Merck - CBRE
• Tenant's Representative: John Picco, Peter Van Duyne & Alex Lachmund - Cushman & Wakefield

BXP has signed a 20-year lease agreement with Starr, allowing the insurance and investment firm to occupy floors 16–27 of the property for its New York headquarters.