Ivanhoé Cambridge and Callahan Capital Properties along with their partner, Beacon Capital Partners, announced that Nordea, one of Europe’s largest financial institutions, leased 40,429 s/f of office space at 1211 Avenue of the Americas.
Nordea committed to a 15-year deal at the two million-square-foot, Class A Midtown property.
Nordea will house its New York operations on the 23rd floor of 1211 Avenue of the Americas. In addition to Nordea, notable tenants in the building include, News Corp., 21st Century Fox, Ropes & Gray LLP, and Axis Reinsurance.
“We are extremely pleased to welcome Nordea, a leading, global financial services firm to 1211 Avenue of the Americas. This newest lease reflects the quality of the property and its prime Midtown location,” said Brian Robin, senior vice president responsible for asset management in the eastern region at Callahan Capital Properties.
“We have recently leased over 160,000 s/f to tenants looking for the ideal combination of an amenity-rich work environment and the highest levels of on-site management services.”
Bryan Boisi, Jonathan Schindler and Aron Schreier of Cassidy Turley negotiated the long-term lease on behalf of the tenant.
Cushman & Wakefield’s Josh Kuriloff, Mitchell Arkin, and Ethan Silverstein represented the ownership in the negotiations.