Calif.-Based REIT Takes Full 22K-SF Floor at Midtown Office Tower


California-based real estate investment trust Equinix has signed a 22,111-square-foot lease at 1133 Avenue of the Americas, according to the property’s landlord, Durst Organization.  

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The company, which focuses on data centers, will occupy the entire 16th floor of the 45-story Midtown office building between West 43rd and West 44th Streets.  The asking rent in the 10-year lease was $75 per square foot.

Equinix is moving from Vornado Realty Trust’s 1540 Broadway between West 45th and West 46th Streets. It was not immediately clear when the company would relocate.

Cushman & Wakefield’s Jeffrey Heller and Gregory Skaler represented Equinix in the deal while Tom Bow and Rocco Romeo represented Durst in-house.

“We have upgraded a mid-century modern classic with the technology and amenities that 21st-century tenants demand,” Jonathan Durst, president of Durst, said in a prepared statement. “1133 now provides the best of both worlds: a timeless design and state-of-the-art operations.”

The 1.1-million-square-foot building was erected in 1968. In December 2016, the landlord announced that Take-Two Interactive Software, a video game company, had signed a 61,383-square-foot deal at the tower, as CO previously reported.

The C&W brokers did not immediately respond to a request for comment via a spokesman.

The Real Deal first reported news of Equinix’s lease.