Lois Weiss

Lois Weiss

Real Estate

Big lease lesson at 1325 Sixth Ave

A series of recently signed leases has locked up 200,000 square feet at 1325 Sixth Ave.

In the most recent signing, we hear OpenLink has leased 17,000 square feet on the majority of the 20th floor. The financial software solutions tenant was represented by Bob Ageloff and Daoud Awad of Jones Lang LaSalle.

Information tech research company Gartner has leased 25,000 square feet on the 17th floor through Kevin Daly of Cushman & Wakefield.

Right above them, represented by Michael Burgio of C&W, financial advisory firm Ingalls & Snyder signed for the full 25,000 square-foot 18th floor where they will move from 61 Broadway.

Merrill Communications leased the 33rd tower floor of 25,000 square feet through Mark Mandell of C&W.

The leasing roll-up was kicked off with Warner Bros., which renewed 100,000 square feet on the 29th to 32nd tower floors through Howard Nottingham of Studley.

Frank Doyle, Doug Neye and Dave Kleiner of Jones Lang LaSalle represent the Paramount Group ownership, which has asking rents in the mid-$60s per square foot to the $70s per square foot in the tower.