Global financial platform Marex moving to – Business News
Global financial platform Marex is on the transfer. The firm will go away 2 Grand Central Tower for Rudin’s 560 Lexington Ave., the place it’s going to have 39,552 sq. toes. The asking rent was $84 per sq. foot.
Marex will transfer to practically 40,000 sq. toes of space at 560 Lexington Ave. google maps
Marex was represented by JLL’s Matthew Astrachan, Seth Godinck and Krissy Kopans. The landlord was repped by CBRE’s Peter Turchin, Brett Shannon, Eric Deutch and Jacob Rosenthal.
Marex’s former space at 2 Grand Central might be put up for sublease as half of an 80,000 square-foot block. The tower is now owned by Sovereign Partners.
The first quarter noticed robust workplace leasing in all submarkets, JLL reported. Overall Manhattan emptiness of 13.5% was down 2.2% year-over-year. Leasing quantity for the primary three months of 2026 hit 8.5 million sq. toes.
Asking rents rose within the first quarter 3.35% year-over-year, in accordance to JLL. The general ask averaged $85.31 whereas direct Class-A rents averaged $95.49 per sq. foot.
