Vialto Group Expands Lease To 17,500 Square Feet At 545 Madison Avenue In Midtown Manhattan

The property involved in the transaction is an office space located at 545 Madison Avenue in Midtown Manhattan. The total square footage for the lease is 17,500 square feet, following an expansion by the tenant, Vialto Group, who added 10,000 square feet. The asking rent for the new added space is $95 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $95/ft
• Address: 545 Madison Avenue
• Market: Midtown Manhattan
• Landlord: Craig Deitelzweig - Marx Realty
• Tenant: Vialto Group
• Brokers: Tara Stacom & David Dusek - Cushman & Wakefield
• Total Square Footage: 17,500

Tara Stacom and David Dusek from Cushman & Wakefield represented both sides in this lease transaction. Vialto Group’s lease expansion at Marx Realty’s property showcases their growth, now occupying a total of two floors within the building.