StoneX Expands Office Space At RXR Realty's 230 Park Avenue With 10-Year Lease In Manhattan

The property asset involved in this transaction is an office space located at 230 Park Avenue in Manhattan. The total square footage of this asset is 21,904 square feet, and StoneX has signed a 10-year lease at a rate of $120 per square foot. This expansion brings StoneX's total footprint in the Midtown tower to 94,742 square feet.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 230 Park Avenue
• Market: Manhattan
• Landlord: RXR Realty
• Tenant: StoneX
• Landlord's Representatives: Andrew Ackerman & Walter Rooney - RXR Realty; Brian Waterman, Scott Klau, Erik Harris, Zach Weil & Cole Gendels - Newmark
• Tenant's Representatives: Mark Weiss, Scott Shelbourne & Melissa Rubenstein - Cushman & Wakefield

This deal is marked by the involvement of multiple representatives from both the landlord and tenant sides, showcasing a collaborative effort for the lease agreement. Notably, RXR Realty's team, including Andrew Ackerman and Walter Rooney, played a crucial role in facilitating this transaction, along with representatives from Newmark who assisted the landlord. On the tenant side, Mark Weiss, Scott Shelbourne, and Melissa Rubenstein from Cushman & Wakefield were instrumental in negotiating the terms for StoneX's expansion.