PNC Bank Leases 83000 Square Feet Office At 437 Madison Avenue Under 15 Year Term

The property asset involved in this transaction is an office space located at 437 Madison Avenue in the Midtown East market. The asset comprises 83,000 square feet of space and is currently leased to PNC Bank after its relocation from 340 Madison Avenue.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Lease Term: 15-year lease
• Landlord: Jonathan Iger - Sage
• Tenant: PNC Bank
• Landlord's Representative: Andrew Coe, David Kleiner, Frank Doyle, Margaux Kelleher, Michael Pallas - JLL & Michael Lenchner - Sage
• Tenant's Representative: David Falk, David Simson, Jonathan Franzel & Peter Shimkin - Newmark

This transaction highlights the key roles of various individuals and companies. Jonathan Iger serves as the landlord while PNC Bank represents the tenant. The landlord's representatives from JLL and Sage played a crucial role in the leasing process, alongside the tenant's representatives from Newmark, underlining the collaborative nature of this transaction.