Insight Global Leases 32000 Square Feet At Sage's 437 Madison Avenue In Midtown East

The property involved in this transaction is an office space located at 437 Madison Avenue in the Midtown East market. The lease agreement concerns a total space of 32,000 square feet at an asking rent of $79 per square foot. The lease term extends for 10 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $79/ft
• Square Footage: 32,000
• Address: 437 Madison Avenue
• Market: Midtown East
• Landlord: Sage
• Tenant: Insight Global
• Landlord's Representative: Justin Haber & Kyle Riker - JLL; Michael Lenchner & Jack Brennan - Sage Realty
• Tenant's Representative: Frank Doyle, David Kleiner & Michael Pallas - JLL
• Lease Term: 10 years

The transaction features Insight Global as the tenant, who is relocating from their current office at 250 Park Avenue. The staffing firm will join other notable tenants such as Santander Bank and PNC Bank within the recently renovated 40-story tower.