Leases  ·  Office

AMA Group Signs for 30K SF at SL Green’s Worldwide Plaza

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SL Green Realty Corp. announced it just signed AMA Group to a 30,756-square-foot, five-year lease at 825 Eighth Avenue, known as Worldwide Plaza.

This gives the engineering firm a chunk of the 18th floor in the 49-story, 2 million-square-foot building that takes up the entire block between Eighth and Ninth avenues from West 49th to West 50th streets.

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Scott Gottlieb of CBRE (CBRE) represented AMA Group in the deal; Jeremy Bier represented SL Green. The asking rent was $70 per square foot.

“The building is part of a unique campus providing multiple dining and fitness opportunities with immediate access to a large outdoor plaza and subway convenience,” Steven Durels, an executive vice president at SL Green, said in a statement.

CBRE and AMA Group did not immediately respond to requests for comment.

SL Green owns the building along with New York REIT and RXR Realty after taking a 48.7 percent stake in the Midtown West tower with RXR for $1.7 billion in 2017.

In November, Commercial Observer reported that West Monroe Partners, a Chicago-based management consultancy, signed a 10-year lease for 41,715 square feet on the entire 17th floor of Worldwide Plaza with an asking rent of $80 per square foot.

Mark Hallum can be reached at mhallum@commercialobserver.com.