Marx Realty secured two significant tenant expansions totaling 24,000 square feet at 10 Grand Central. The two deals represent an ongoing restack effort at the Midtown Manhattan tower.
Bank holding company Merchants Bancorp will expand from its 8,700-square-foot space on the 24th floor to an 18,000-square-foot space on the 14th floor. Global professional services firm TMF Group finalized a new lease to move from 3,000 square feet on the ninth floor to a 6,000-square-foot space on the 34th floor.
“We remain committed to continuously elevating the tenant experience and are steadfast in our goal to create a workplace experience that inspires people every day,” said Craig Deitelzweig, CEO of Marx Realty. “These expansions illustrate the success of our vision.”
Merchants Bancorp was represented by Chris Foerch of Savills, while Jason Roberts of JLL represented TMF Group. A JLL team of Mitchell Konsker, Thomas Schwartz, Carlee Palmer and Nicole Danyi represented Marx Realty in both leases.
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