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Deals & Dealmakers

Lagardere relocates to Park Ave. South

Cushman & Wakefield announced that it represented Lagardère Unlimited, Inc., a global sports and entertainment management and marketing company, in a long-term lease for its New York headquarters location at 488 Madison Avenue, situated between 51st and 52nd Streets in Midtown Manhattan.

Lagardère will occupy 18,555 s/f on the entire 16th floor in the 24-story office building. The company will relocate its offices from 235 Park Avenue South.

“We can’t wait to move into our new North American headquarters at 488 Madison Avenue. Its style will mirror that of Lagardère’s global headquarters in Paris,” said Andy Pierce, president & CEO, Lagardère Unlimited Americas.

A Cushman & Wakefield team of David Stockel, Peter Van Duyne and John Picco, represented Lagarderè Unlimited, Inc. in the transaction. David Turino from the Feil Organization, represented the landlord in-house.

488 Madison Avenue
488 Madison Avenue

“The space at 488 Madison Avenue positions Lagardère Unlimited for growth and allows the company to build its presence in Manhattan,” said Stockel, A Cushman & Wakefield Associate Director.  “The space features fantastic natural light and views of Midtown Manhattan. It includes a wraparound terrace that overlooks St. Patrick’s Cathedral to the south and Madison Avenue to the east.”

Lagardère Unlimited, which has locations in more than 30 countries, offers athlete representation, venue consulting, events production and management, marketing rights and associated products, content production and broadcast rights management, as well as the management of sports academies and premier sports clubs.

488 Madison Avenue is a class-A office building located in the Madison/Fifth submarket within Midtown, Manhattan.

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