Prebuilts Have Become Handy in Toolkit for Attracting Tenants

1330 Avenue of the Americas/ rendering of Gensler-designed prebuilt

Sometimes the smaller spaces to smaller tenants can become more difficult to lease. That’s one of the reasons at the RealShare New York 2018 conference, the Moinian Group’s SVP, director of leasing Gregg Weisser said larger landlords are now working with non-traditional, co-working and flexible office space providers.

RXR Realty took a different approach in sealing two new deals at 1330 Avenue of the Americas—providing prebuilt units. QuadReal Property Group leased 3,445 square feet on part of the 34th floor for five years. Foresite Capital Management signed for 5,861 square feet on a portion of the 35th floor for seven years. The two agreements total 9,306 square feet at the 525,000 square-foot boutique office building.