Marex Leases 39,552 Square Feet From Rudin Management Company At 560 Lexington Avenue

The asset involved in this transaction is an office space located at 560 Lexington Avenue in Manhattan. The lease signed by the tenant covers a total of 39,552 square feet at an asking rent of $84 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $84/ft
• Square Footage: 39,552
• Address: 560 Lexington Avenue
• Market: Manhattan
• Landlord: Samantha Rudin Earls & Michael Rudin - Rudin Management Company
• Tenant: Marex

Marex has downsized from its previous 80,000-square-foot space at 2 Grand Central Tower, where it plans to initiate a sublease. The landlords, Samantha Rudin Earls and Michael Rudin, are representatives of Rudin Management Company, overseeing the leasing of the office space.