California-Based Law Firm Remains in 18K SF at 1211 Avenue of the Americas
By Liam La Guerre May 15, 2017 10:53 am
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Law firm Fenwick & West has signed an 18,119-square-foot sublease renewal at 1211 Avenue of the Americas, according to a news release from CBRE.
The California-based tech and life sciences law firm will take part of the 32nd floor of the 44-story, 2-million-square-foot building between West 47th and West 48th Streets, from law firm Ropes & Gray. The terms of the deal were not immediately clear.
CBRE’s David Kleinhandler and Ken Rapp handled the negotiations for the tenant, while Moshe Sukenik of Newmark Grubb Knight Frank brokered the deal for sublandlord Ropes & Gray. None of the brokers returned a request for comment via a CBRE spokeswoman and a NGKF spokesman.
Besides New York, Fenwick & West has offices in Mountain View, Calif., San Francisco, Seattle and Shanghai.
The building is owned by a partnership of Ivanhoé Cambridge and Callahan Property Partners.
Ropes & Gray occupies more than 300,000 square feet in the building, as Commercial Observer previously reported.
The property is home to News Corp., parent company of The Wall Street Journal, The New York Post and Dow Jones and 21st Century Fox. In January, News Corp. signed a 444,000-square-foot deal and 21st Century Fox inked a 777,000-square-foot lease at the tower, as CO reported at the time.
