TruArc Partners Renews Lease For 10,000 SF Office Space At 545 Madison Avenue

TruArc Partners has renewed their lease for 10,000 square feet at 545 Madison Avenue in Manhattan. The lease, which marks a 7-year extension, highlights Marx Realty's successful repositioning of the property, resulting in elevated occupancy rates and rents ranging from $86 to $135 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $135/ft ~ SF: 10,000
• Address: 545 Madison Avenue
• Market: Manhattan

The landlord of 545 Madison Avenue is Craig Deitelzweig from Marx Realty. The tenant, TruArc Partners, was represented by Ben Levy and Evan Margolin from JLL. Craig Deitelzweig was represented by Tara Stacom from Cushman & Wakefield.