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| Richard Reid |
NEW YORK, NY – Holliday Fenoglio Fowler, L.P. (HFF) announced
it has represented Nightingale Properties, LLC (Nightingale) in the
capitalization of a leasehold position of 645
Madison, a 22-story, 157,027-square-foot, Class A trophy office and retail
tower in Manhattan’s Plaza District.
HFF arranged the
capitalization on behalf of Nightingale and Friedland Properties.
645 Madison is located
just one block from Central Park on the southeast corner of East 60th and
Madison Avenue in the heart of Manhattan’s Plaza District. Originally constructed in 1971, the property
was fully renovated in 2007 and is primarily leased to financial services
tenants.
The property also contains
approximately 36,170 square feet of prime retail, which is available for
immediate occupancy, enabling ownership to take advantage of one of the most
desired retail corridors in the world, with neighbors such as Apple, Barney’s,
Bottega Veneta, Brioni, Chanel, Hermes, Montcler and Ralph Lauren.
The HFF team representing
Nightingale was led by managing director Rob
Rizzi along with senior managing directors Eric Anton, Andrew Scandalios and Richard Reid and director David Fowler.
“We are excited to have
arranged this venture between Nightingale and Friedland and are confident they
will transform the asset into a best-in-class office and retail property worthy
of this famed corridor,” said Rizzi.
“Both parties worked
incredibly quickly to get through diligence and consummate a landmark transaction,”
added Anton.
For a complete copy of the company’s news
release, please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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