New York, NY – September 17, 2018 – Cushman & Wakefield announced today that the real estate services firm has arranged a long-term, 16,200 square-foot lease for Almod Diamonds at 12 East 49th Street, also known as Tower 49®. The diamond company will occupy the entire 39th floor for their headquarters and back office starting in September.
Cushman & Wakefield’s Adam Nelson represented the tenant in the transaction. The landlord, Kato International LLC, was represented by Robert Bakst.
Tower 49® is a 45-story, Class A office building offering more than 600,000 square-feet of office and retail space. Tenants benefit from a rotating art exhibition of renowned artists in the lobby gallery, spectacular views and column free space.
Located in the heart of Midtown and steps away from Fifth Avenue, Tower 49® is located near an abundance of retail and dining options such as Saks Fifth Avenue and the new Four Seasons Restaurant. Tower 49® is around the corner from Rockefeller Center, the north access to Grand Central Terminal, and the B, D, F, M and E subway lines.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.