Furnished Hedge Fund Sublease from Pinebridge Investments – Citibank HQ Building- 399 Park Avenue

July 23, 2012

Lance Leighton

Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson

Call 516-557-1160

A rare opportunity recently became available at Boston Properties’ 399 Park Avenue.  Pinebridge Investments, a money manager with $67 BN AUM, recently put 14,419 square feet of furnished hedge fund office space on the market for sublease.  The details are as follows:

Floor:  Partial 6th
Possession:  October 1, 2012
Asking Rent: $63.00 psf
Term:  Through February 27th, 2026
Buildout:  The space is currently built with 12 perimeter offices, 7 interior offices, 3 conference rooms and an open trading area. 
Furnished:  Yes

The building is home to multiple big name investment firms including Avenue Capital, Citibank, Epoch Investment Partners, Eton Park, The Jordan Company, Brigade Capital and Polygon Investment Partners.

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