RFR Realty LLC announced that Braemar Energy Ventures, an energy venture capital firm, has signed a lease for 7,178 square feet on the 23rd floor of 350 Madison Avenue.
“Braemar Energy is one of several recently signed tenants that we’re welcoming to 350 Madison Avenue following a recently completed and substantial repositioning campaign. We’re happy to have the firm join, and enhance, our already impressive tenant roster,” said Oliver Katcher, an executive vice president at RFR who represented the firm in-house in the lease transaction.
The two-story, sky-lit lobby was redesigned to reflect RFR’s singular vision and aesthetic, and includes new creative interior landscaping, a rotating world-class arts program, currently exhibiting paintings by David Salle, and an amenity coffee bar and convenience stand. The exterior has a new two-story storefront and entry canopy that provides a strong sense of arrival and prestigious building identity.
Jonathan Schindler, of Cassidy Turley, represented Braemar Energy in the lease transaction along with colleague Christina Campanella.
Recent leasing activity in the building includes Beacon Light Capital, which signed for 7,178 square feet in the 25-story, 400,000 square foot office tower. Jones Lang LaSalle acts as leasing agent for 350 Madison Avenue.
RFR is a fully integrated real estate investment firm based in New York City with a core focus on select urban markets in the United States and Germany. Founded by Aby Rosen and Michael Fuchs in the early 1990’s, the firm has been an active force in the New York City and German real estate market for much of the past two decades. RFR’s portfolio has grown to include more than 100 properties located in select domestic and international markets.
While its property portfolio is anchored in the Manhattan and key German commercial markets, RFR also has significant commercial, residential, hotel, and retail holdings. RFR has a proven track record of adding significant value to the properties it acquires through property-level repositioning and strategic financial engineering. RFR has created an organization with deep experience in all phases of the property life cycle and is positioned to take advantage of market opportunities.