Brown Advisory Signs 15-Year Lease For 34,748 Square Feet At 520 Madison Avenue
520 Madison Avenue
Building Size
34,748 SF
Asset Type
Office
Closing
Mar 9, 2026
AI
520 Madison Avenue is an office asset located in Manhattan, featuring a total space of 34,748 square feet. This property is owned by Tishman Speyer, which makes it a significant location for corporate enterprises in the Midtown area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 520 Madison Avenue
- Market: Manhattan
- Lease Term: 15-year lease
- Landlord: Rob Speyer
- Landlord's Representative: Megan Sheehan & Sam Brodsky - Tishman Speyer
- Tenant: Brown Advisory
- Tenant's Representatives: Cynthia Wasserberger, Michael Berg, Bobby Blair & Sofia Bruno - JLL
Brown Advisory has signed a significant long-term lease for its new headquarters, moving from 12 East 49th Street. The relocation is planned for the fourth quarter of 2026, marking an important transition for the investment firm within Manhattan's competitive office market.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93