Lease Beat

Civic Entertainment Moves to 470 Park Avenue South

470pas ext fr ne 500w 400x275 Civic Entertainment Moves to 470 Park Avenue South

Courtesy of 470 Park Avenue South

Civic Entertainment will be moving up the block to a new office in 470 Park Avenue South.

The marketing firm is set to leave to their office at 450 Park Avenue South to move into a 9,361 square foot space on the 16th floor of TIAA-CREF’s building.

Allen Gurevich, a director of Newmark Grubb Knight Frank specializing in media and entertainment industry leases, brokered the deal for Civic Entertainment. 470 Park Avenue South was represented by its leasing team from JRT Realty Group. The team consists of JRT’s executive vice president, Greg Smith, senior director, John Thompson, and an associate, Kate Pezzolla.

The lease in the building was set for seven years.

470 Park Avenue, a pre-war and class A building, was constructed in 1912 and features a two tower design with the north and south tower spanning twelve and seventeen stories, respectively. The building offers over 290,000 square feet with floor plates around 10,000 square feet.

Management recently upgrades its lobby, elevators, and security systems. Nearly 57,000 square feet of the building remain available on the entire fifth, sixth, tenth, fifteenth, and seventeenth floor.

Civic Entertainment, found in 1999, is one of the most award winning marketing firms in the United States. The firm has received dozens of PRO, Reggie, Cannes Lions, and EMMA Awards over the decade for their branding and marketing of sports, banking, and travel sectors.

Civic Entertainment will join notable tenants in the building, including North Fork Bank, Chipotle Grill, Straight From the Crate, and Eneslow.

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