Atairos Signs 10-Year Lease For 22,000 Square Feet At 390 Park Avenue Midtown

The property asset involved in this transaction is an office space located at 390 Park Avenue in Midtown. The asset encompasses 22,000 square feet and is part of a deal amounting to a 10-year lease agreement.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 390 Park Avenue
• Market: Midtown
• Asset Size: 22,000 square feet
• Landlord: Ric Clark - WatermanCLARK & Brian Kingston - Brookfield Properties
• Tenant: Michael Angelakis - Atairos
• Landlord's Representative: Alexander Benisatto & Peter Turchin - CBRE
• Tenant's Representative: Evan Algier & Mark Weiss - Cushman & Wakefield

The deal highlights the involvement of a private equity firm, Atairos, which is relocating from Rockefeller Center to Lever House at the new address. This move will double the firm's space under their new lease terms.