Travelers Indemnity Renews at 485 Lex
Travelers Indemnity Company signed a lease for 178,024 SQFT at 485 Lexington Avenue. The insurer will pay south of $60 for the five year term. (Rent for Travelers' existing lease is in the low $50s PSF.) Another tenant at 485 Lexington, Citigroup, has recently subleased over 150,000 SQFT to Value Line, Xerox and New Oak as we reported here. |
|