Massey Knakal has signed a 15-year, 40,738-square-foot expansion at its 275 Madison Avenue headquarters. The real estate services firm will occupy the second, third and fourth floors of the RFR Realty-owned building.
The firm is consolidating its current presence on the third, ninth, 10th and 14th floors of the building, according to The New York Post. The lease also includes expansion options, the Post reported.
“This fifteen year lease will accommodate the explosive growth Massey Knakal is experiencing across our three service lines – capital services, investment sales and retail leasing,” Paul Massey, the chief executive of Massey Knakal, said in a prepared statement.
Bill Montana, Kurt Handschumacher and Howard Poretsky of Savills Studley represented the tenant in the leasing transaction. Oliver Katcher and Gregg Popkin represented the landlord in-house.
“We enjoy a close relationship with Massey Knakal and are very pleased to help them secure contiguous space for their long term growth,” Mr. Montana added in a statement.