International Exhibitions & Information Services Company to Occupy Three Full Floors in Newly-Renovated Midtown Tower
Fisher Brothers announced today that it has signed a 10-year, 59,613-square-foot lease with Informa PLC at 605 Third Avenue, a 1.1 million square foot, Class-A office tower in Midtown Manhattan.
Occupying three full floors, the 20th through 22nd, at 605 Third Avenue, Informa will relocate in the first quarter of 2018 from multiple locations.
Informa is an international academic publishing, business intelligence, exhibitions and events business, publicly quoted on the London Stock Exchange. Informa recently acquired US-based Penton Information Services, adding to its footprint and scale across the country.
“Informa’s presence in the US has steadily expanded over the last five years. Having acquired Penton in late 2016, we have taken the opportunity to bring five of our New York locations together into a single base. 605 Third Avenue represents a modern, high quality and flexible space, and we are looking forward to creating a new hub for Informa in Midtown that our colleagues can be proud of,” said Geoff Scott, Property Strategy Manager for Informa.
Informa was represented in the transaction by Chris Corrinet, Peter Gamber, Robert Hill, and Michael Movshovich of CBRE. Fisher Brothers was represented in-house by Marc Packman and Clark Briffel, as well as Bruce Mosler, Louis D’Avanzo, Andrew Ross, Michael Baraldi, and Maria Travlos of Cushman & Wakefield.
“The reimagined 605 Third Avenue continues to attract a wide range of world-class companies that are seeking a fully modernized environment with distinctive design in a convenient Midtown location,” said Fisher Brothers Partner Ken Fisher. “We are pleased to welcome Informa to our esteemed tenant roster.”
“605 Third provided Informa a unique value proposition marrying prominent identity, efficient floor plates with great light and views, a high quality renovation and excellent long-term partners in Fisher Brothers,” said Mr. Movshovich. “Informa’s colleagues are very excited to come together within one space after many years working in multiple locations.”
Fisher Brothers recently completed a $25 million capital improvement program at 605 Third Avenue. The centerpiece of the project was the creation of a brand new building entrance and lobby, designed by award-winning architect David Rockwell and the Rockwell Group.
The entrance of the building was extended out onto the plaza which allowed it to create a more spacious and inviting lobby, including a custom-designed, circular reception desk, a feature wall composed of brass panels and a sleek white ceiling with LED backlighting. In addition, David Rockwell and the LAB at Rockwell Group worked with Fisher Brothers to install two oversized digital glass windows, each composed of 900 translucent tiles, which have been designed and programed to function as giant kaleidoscopes featuring a continuous series of computer-generated patterns. These unique panels function as a form of public art visible from within the lobby as well as to passersby on the plaza.
Located between 39th and 40th Streets and in close proximity to Grand Central Terminal and the United Nations, 605 Third Avenue’s prestigious roster of tenants includes Univision, AECOM, Davidoff Hutcher & Citron LLP, Jones Day, Katsy Korins LLP, and the United Nations Population Fund.
Originally built by Fisher Brothers in 1963, 605 Third Avenue was recently certified LEED Gold by the U.S. Green Building Council in recognition of a series of enhancements undertaken by Fisher Brothers to create a highly-efficient and more environmentally-sustainable working environment. The property offers first-class tenant services at a fully modernized tower in a prime Midtown location.
About Fisher Brothers
For more than a century, Fisher Brothers has epitomized excellence in commercial and residential real estate development, ownership and management. Fisher Brothers built and continues to own and operate a sterling commercial real estate portfolio encompassing seven million square feet of Class A office space located in such iconic towers as Park Avenue Plaza, 299 Park Avenue, 1345 Avenue of the Americas and 605 Third Avenue in Manhattan, as well as Station Place, which is Washington, DC’s largest private office complex. Fisher Brothers also has returned to its roots as a residential builder with nearly 1.5 million square feet in recent and ongoing development. In early 2015, Fisher Brothers celebrated the completion of Station House, a luxury rental development in Washington’s historic Capitol Hill District. In Manhattan, Fisher Brothers is developing 111 Murray, an ultra-luxury, high-rise condominium tower in Tribeca, and 225 East 39th Street, an amenity-rich rental building that is currently under construction in Murray Hill.
