New York – November 8, 2010 – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Hunter Global Investors, a New York based hedge fund, has renewed its lease for 13,332 square feet of space at 485 Madison Avenue.
Hunter Global Investors currently occupies the 22nd floor of 485 Madison Avenue, part of the 13th floor.
“We were pleased to have assisted Hunter Global Investors to extend their occupancy at 485 Madison Avenue,” said Michael Norris, Managing Director at Cassidy Turley. “The company wanted to renew its lease with stable ownership and Cassidy Turley was able to effectively deliver on both of these requirements. After considering alternative properties in the area, 485 Madison Avenue represented a great value in the Plaza District.”
Jack Resnick & Sons, the owner of the building was represented in-house. Michael Norris at Cassidy Turley represented Hunter Global Investors in the transaction.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with over 2,800 professionals in 60 offices nationwide. The firm completed transactions valued over $13 billion in 2009, manages over 420 million square feet on behalf of private, institutional and corporate clients and supports over 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers with a full spectrum of integrated commercial real estate services—including capital markets, corporate services, project leasing, property management, project and development services, and tenant representation. Outside of North America, Cassidy Turley partners with GVA Grimley, the founder and majority shareholder of GVA Worldwide. The firm recently ranked in the Top 10 on the Lipsey Co.’s Commercial Real Estate Top Brands Survey, and was ranked #1 by Real Estate Alert for Office Sales in 3 of the top 6 markets. Please visit www.cassidyturley.com for more information about the company.