Consonance Capital to Move to Marx Realty’s 545 Madison
Healthcare investment platform Consonance Capital has leased 9,473 square feet at Marx Realty’s 545 Madison office building, recently co-branded with Baccarat. Consonance Capital will move from 1370 6th Avenue in Midtown. The building’s largest tenant, a confidential real estate holding firm, extended its 42,000-square-foot lease for five more years, leaving 9,500 square feet available, according to a release from Marx Realty.
“Leasing velocity and demand at 545 Madison has outperformed most office buildings in the area and the success we’ve seen here is proof positive that an inviting sensory experience is incredibly attractive to office users,” said Craig Deitelzweig, president and CEO of Marx Realty.
A Cushman & Wakefield team led by Tara Stacom represented Marx Realty, while JLL’s Cynthia Wasserberger and Michael Pallas represented Consonance Capital. 545 Madison features tenants including GTS, Baccarat, Snow Phipps, Kohlberg, Vialto Partners, and Orangewood Capital.
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