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Deals & Dealmakers

JLL fills 300,000 s/f at 875 Third

JLL has completed three leases for Global Holdings Management Group at 875 Third Avenue for a total of 300,000 s/f of leasing at the building.

Deutsche Bank’s asset management arm, DWS Group, will relocate from 345 Park Avenue to occupy 82,000 s/f of space on floors 25, 26 and 27 in the building.

Epstein Becker & Green, P.C. will relocate from 250 Park Avenue to occupy 80,000 s/f across three full floors in the building.

And Cerberus Capital Management, one of the world’s leading private investment firms, has signed a renewal and expansion lease, increasing its footprint from 119,000 to 132,000 s/f in the building.

875 Third Avenue was represented by Paul N. Glickman, vice chairman, Diana L. Biasotti, senior vice president, and Harley Dalton, vice president, with JLL.

Craig Panzirer, senior vice president, director of leasing, represented Global Holdings Management Group. Epstein Becker & Green was represented by Jeffrey Peck, vice chairman, and Dan Horowitz, vice chairman, at Savills Studley. Cerberus Capital Management was represented by David Falk, president New York tri-state region, Eric Cagner, senior managing director, and Jason Greenstein, senior managing director, with Newmark Knight Frank.

DWS Group was represented by Peter Riguardi, chairman and president New York tri-state region; Ken Siegel, international director; Michael Berg, managing director, and Jeff Szczapa, regional director with JLL.

“This is a premier trophy office building in the Plaza District submarket with spectacular views, efficient floor plates and abundant in-building and area amenities,” said Glickman.

“The property’s dramatic atriums, combined with recent upgrades to the lobby and infrastructure, have helped the building continue to attract a roster of employee-focused tenants.”

Constructed in 1983, 875 Third Avenue was designed by Skidmore, Owings and Merrill LLP.

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