Fisher Brothers today announced three lease signings totaling 45,824 square feet at 605 Third Avenue, a 1.1 million square foot, Class-A office tower in Midtown Manhattan.
Valerie Wilson Travel, a travel consulting firm with 15 offices across the U.S., signed a new 10-year lease to occupy 25,258 square feet across the entire 19th floor and a portion of the 24th floor. The firm will relocate its headquarters from 475 Park Avenue South in early 2018.
Meridiam, a world leader in long-term private investment in public infrastructure, signed a new 10-year, 11,823-square-foot lease to occupy a portion of the 36th floor. The company is currently a subtenant at 605 Third Avenue and will move into its new space in 2018.
Orangetheory Fitness, one of the world’s fastest growing fitness franchises, signed a 10-year, 5,761-square-foot lease to occupy retail space on the ground and concourse levels. The new fitness studio is slated to open next year.
Since completing a $25 million capital improvement program in 2016, Fisher Brothers has successfully completed 261,000 square feet of new office leases and renewals, as well as another 10,000 square foot of ground floor retail, at 605 Third Avenue.
The centerpiece of Fisher Brothers’ reimagining of 605 Third Avenue 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.
“605 Third Avenue continues to attract a wide range of companies that are drawn to its great Midtown location and unique blend of corporate and cutting edge features as embodied by the renovation. We are pleased to welcome Valerie Wilson Travel to our esteemed tenant roster,” said Fisher Brothers Partner Ken Fisher.
“We strive to provide our tenants with a best-in-class experience and view this long-term lease signing with Meridiam, which has been a subtenant at the building, as a validation of our efforts,” said Fisher Brothers Partner Winston Fisher. “We are also thrilled to have a dynamic brand like Orangetheory Fitness coming to 605 Third Avenue and know our tenants will appreciate having such a high-quality amenity at the building.”
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 offers first-class tenant services in a fully modernized tower in a prime Midtown location. The tower 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. In addition, 605 Third Avenue recently achieved a Gold rating from WiredScore for providing tenants with superior connectivity and leading edge performance.
Valerie Wilson Travel was represented by Joseph Grotto of Cushman & Wakefield. Meridiam was represented by David Dusek of JLL. Orangetheory Fitness was represented by Schuckman Realty.
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, on all three transactions.
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 has recently completed development of House 39, an amenity-rich building at 225 East 39th Street and is developing 111 Murray, an ultra-luxury, high-rise condominium tower in Tribeca.
