Lease Beat

Three New Leases Signed at 370 Lexington Avenue

370-lex

Sherwood Equities has signed three new tenants to deals at 370 Lexington Avenue, Commercial Observer has learned.

In the largest of the three deals, Virtusa Corporation, a global IT services company, has signed a five-year lease for 3,500 square feet on the 16th floor of the building. The Massachusetts based company will relocate from 230 Park Avenue. Read More

Lease Beat

Phoenix Group Expands at 370 Lexington Avenue

370-lex

The Phoenix Group Advisors Inc. has renewed and expanded its office in Midtown.

The staffing agency will add an additional 1,000 square feet to their lease at Sherwood Equities370 Lexington Avenue. The firm previously occupied 2,500 square feet on the 10th floor of the building but will move in favor of a 3,500 square Read More

Lease Beat

Active Network Gets “Active” at 370 Lexington Avenue

370 Lexington Avenue (image courtesy of CoStar)

San Diego-based tech firm Active Network is consolidating its New York City operations while also doubling its office space at 370 Lexington Avenue, a 27-story office tower owned by Sherwood Equities.

Active Network will be taking the entire 25th floor, sized at a healthy 6,300 square feet, in the office building that caters to a variety of boutique tech, architecture and accounting firms. Read More