Kaufman reaps repositioning rewards at 777 Third
June 27, 2014

In a deal that marks the culmination of its successful campaign to re-position and lease up the property, the William Kaufman Organization has signed an 18,412 s/f lease renewal and expansion at 777 Third Avenue, bringing the 575,985 s/f tower to 100% occupancy.

SEI Investments Company, a publicly-traded investment management firm that currently leases 7,869 s/f on the 26th floor, is leasing an additional 10,543 s/fat the 38-story building.

The expansion comes on the heels of a surge of leasing activity involving over 100,000 s/f of transactions at the property...

L. Craig Lemle of Savills Studley represented SEI in the 7-year transaction, while Lenchner represented building’s ownership in-house. Asking rents were $75psf. 777 Third Avenue is co-owned in partnership with The Travelers Companies, Inc. and managed by Sage Realty Corporation.

Kaufman reaps repositioning rewards at 777 Third

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