Real Estate Weekly
Image default
Deals & Dealmakers

Investment manager expands at RXRʼs 17 State Street

17 State Street

RFR Realty LLC announced a lease expansion for Axioma, Inc. at 17 State Street.

The global risk management and portfolio construction services providerleased 30,000 s/f across the entire 26th and 27th floors and expanded its existing footprint by 7,234 s/f

“Axioma has been a highly valued tenant at 17 State Street for over a decade and this is their fourth expansion within the property,” said AJ Camhi, Director of Leasing at RFR. “We are pleased to continue our partnership together.”

Camhi represented RFR in-house with Ryan Silverman, along with Mitchell Konsker, John Wheeler and Clayton Kline of JLL. Clyde Reetz of CBRE represented the tenant.

17 State Street is a 42-story downtown Emery Roth & Sons-designed office tower featuring unobstructed views of the New York Harbor, Statue of Liberty and Battery Park.

Axioma has been a tenant since 2009. The company’s first space was an 8,700 s/f unit on the 25th floor and it has since grown into a 30,000 s/f tenant occupying two full floors.

Axioma provides a suite of front-to-back investment management solutions to a global client base including asset managers, hedge funds, insurance companies, pension funds, wealth managers and investment banks.

RFR also announced two leases were signed on the third floor of the property.

FGC Capital leased a 2,463 s/f unit and Friendly Capital signed a lease renewal for 3,899 s/f. Represented by Peter Shakalis of Lee & Associates, Friendly Capital has been a tenant of 17 State Street for more than 16 years.

The recent activity at 17 State Street follows several newly announced deals in the building, including 53,000 s/f of transactions announced in May that consisted of a nearly 44,000 s/f extension and expansion for Alphadyne Asset Management LP, an alternative investment management firm.

17 State Street offers access to multiple modes of transportation.

Related posts

Avison Young arranges 99-year ground lease for an estimated $21.5 million


Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building


Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando