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Deals & Dealmakers

German bank Berenberg, law firm McGuireWoods sign leases at 1251 Sixth Ave.

Mitsui Fudosan America the U.S. operations of Japan’s largest real estate company, has signed two leases at its flagship property at 1251 Avenue of the Americas.

Berenberg Capital Markets LLC and McGuireWoods LLP are the newest tenants at the Sixth Avenue tower.

“We are pleased to welcome Berenberg Capital Markets and McGuireWoods to 1251 Avenue of the Americas,” said Christopher N. Perez, SVP of MFA.

“Both tenants exemplify the kind of leading companies that have enjoyed great success at 1251.  We look forward to serving as their New York headquarters for many years to come.”

Berenberg Capital Markets LLC, a subsidiary of the second oldest bank in the world, the German bank Berenberg, which was founded in 1590, signed a 12-year lease to occupy the entire 53rd floor, approximately 31,700 s/f.

Mitchell Konsker, Alexander M. Chudnoff, and Benjamin Bass of Jones Lang LaSalle represented Berenberg.

“We are proud to call 1251 Avenue of the Americas our new home, from where we want to grow our business in the United States,” said David Mortlock, Global Head of Equities at Berenberg.

McGuireWoods LLP, a global law firm, will occupy the entire 20th floor, which is 41,900 s/f and part of the concourse level totaling 1,659 rsf. The 15-year lease commenced on March 2, 2017. Chris Mongeluzo and Brian Cohen of Newmark Grubb Knight Frank represented McGuireWoods.

“McGuireWoods continues to successfully grow its New York City Office.  At 1251 Avenue of the Americas, we look forward to creating an office space that will be indicative of the firm’s increasing New York profile and presence,” said Noreen Kelly, Managing Partner for McGuireWoods’ New York office.

David Falk, Peter Shimkin, Eric Cagner, Romel Canete, and Nick Berger of Newmark Grubb Knight Frank represented MFA on both leases.

1251 Avenue of the Americas is a 54-story, 2.4 million square-foot building that is currently 98 percent leased.

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