Mark Friedman Of Colliers International Leases Office Space At 575 5th Ave, New York

The 48,000-square-foot office lease at 575 Fifth Avenue in New York City has been secured by property management firm FirstService Residential. The lease encompasses the ninth and 10th floors of the 500,000-square-foot building located in Manhattan. The tenant, FirstService Residential, will benefit from amenities such as three conferencing facilities, a salon, fitness center, and a bike storage area. Mark Friedman of Colliers represented the tenant in the lease negotiations, with the landlord, Beacon Capital Partners, representing themselves.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 575 5th Ave, New York, NY, 10017
• Market: New York
• Tenant's Rep: Mark Friedman (Colliers International)
• Landlord: Beacon Capital Partners
• Square Feet: 48,000

Mark Friedman of Colliers played a crucial role as the tenant's representative in the lease negotiations, facilitating FirstService Residential's move from their previous location at 622 Third Avenue to the new offices at 575 Fifth Avenue. Beacon Capital Partners, the landlord of the building, managed the transaction on their own behalf.