CBRE Leases 22,300 Square Feet At 3 East 28th Street

8/9/17

CBRE’s Stuart Siegel, Matt Bergey and Kylie Van Buren represented owner Winter Properties in four new full-floor leases totaling 22,300 square feet at the newly-renovated 3 East 28th Street.

The first lease with GenSight Biologies Inc. is for the entire 12th floor and newly-created rooftop. Charles Conwell III of ABS Partners Real Estate LLC represented GenSight.

The second lease with Senator International Inc. is for the entire ninth floor of the building. Senator was represented by JLL’s Jim Wenk and Kirill Azovtsev.

The third lease with One Madison Group LLC is for the entire eighth floor. Cynthia Wallenberger and Hayley Shoener of JLL represented One Madison.

The fourth lease with Five Points is for the entire second floor. Michael Heaner of the Kaufman Organization represented Five Points.

Asking rents were between $65-$85 per square foot in the four transactions.

“We are delighted that prestigious tenants like GenSight, Senator, One Madison and Five Points have responded so well to Morris Adjmi’s superb re-imagining of this property in the middle of one of Manhattan’s most sought-after niche markets,” said Mr. Siegel of CBRE.

NoMad’s top boutique office building in the heart of the Flatiron District, 3 East 28th Street has undergone a $20 million renovation under the direction of premier architecture firm Morris Adjmi Architects with new storefronts, lobby, elevators, restrooms, building systems, bike storage and roof terrace. The building offers pre-built full floors and a new Quality Eats will open in late 2017. With high ceilings, bright, open floorplates and a modern industrial feel, the office spaces incorporate innovative design while preserving the building’s rich historical features.

“We are thrilled to be commencing a pre-built program for the remaining floors starting in the fall,” added Mr. Bergey.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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