Regent Business Centers’ Madison Avenue Office Suites at 95% Occupancy
In just five short months, Regent Business Centers’ shared office facility at 340 Madison Avenue in New York City has reached 95% occupancy. Located in the heart of Midtown Manhattan, this highly desirable location has become home to many financial services firms. In fact, 95% Regent’s 340 Madison Avenue clients are financial firms.
Clients of this highly desirable Regent Business Centers’ location enjoy not only the prestigious address that 340 Madison Avenue has to offer, but proximity to some of the finest corporations in the world. The Midtown location allows Regent clients access to an array of fine restaurants, retail stores and cultural amenities within steps of their office.
Within Regent’s offices, clients enjoy fully furnished executive quality office suites averaging 190 square feet and three conference rooms with HD video conferencing. There are also two copy rooms, two kitchens and a mail services room. Regent clients also find the permanent Internet access, individual, direct, inward dial telephone and voice mail services to be a benefit to their daily business operations.
Regent’s helpful, professional staff, flexible lease arrangements and wide range of business amenities has made the decision to join 340 Madison Avenue an easy one for many New York firms. If your business is interested in viewing the remaining offices available at Regent’s 340 Madison Avenue location, please contact Lisa Rosof at 212-220-9501 or via email at lisa@regentbc.com.
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340 Madison Avenue to Get New Property Manager
RXR Realty LLC recently announced it is under contract to purchase an interest in the property located at 340 Madison Avenue. This fully modernized Class A office building, located in the Grand Central market, occupies the full block front of Madison Avenue between 43rd and 44th Streets. It is one of the few modern assets in an area dominated by older office buildings.
RXR Realty LLC is a leading real estate operating company in the New York Tri-State region and will purchase their interest from D.E. Shaw Group. Broadway Partners will retain a 51 percent interest in 340 Madison Avenue. RXR will partner with Broadway Partners to serve as co-asset managers, while RXR is anticipated to assume day-to-day management of the property. In addition to high value tenants such as McDermott Will & Emery, Mass Mutual, PNC and SunGard, 340 Madison Avenue is also the home to one of Regent Business Center’s New York executive office centers.
For more information on RXR’s purchase of interest in 340 Madison Avenue, click here.
