530 Fifth Avenue
Booze juggernaut Diageo North America has leased 56,156 square feet at 530 Fifth Avenue, taking the entire fourth floor and part of the third for five years. The Connecticut-based company has more than 20,000 employees in 80 countries and produces a variety of spirits wine and beer. Guinness, anyone? Or perhaps some Johnny Walker? A Red Stripe in the heat?
Scott Klau of Newmark Knight Frank and Joe Garvey of CLW Real Estate represented the tenant. Howard Kesseler, Brian Waterman and Jordan Gosin of Newmark Knight Frank represented the landlord, the Moinian Group, which acquired 530 Fifth from Silverstein Properties in 2004 for $210 million.