{"id":812749,"date":"2026-05-21T18:12:24","date_gmt":"2026-05-21T18:12:24","guid":{"rendered":"https:\/\/www.europesays.com\/us\/812749\/"},"modified":"2026-05-21T18:12:24","modified_gmt":"2026-05-21T18:12:24","slug":"marcus-millichap-expands-to-41k-sf-at-amtrustres-260-madison-avenue-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/812749\/","title":{"rendered":"Marcus &#038; Millichap Expands to 41K SF at AmTrustRE\u2019s 260 Madison Avenue \u2013 Commercial Observer"},"content":{"rendered":"<p><b><a href=\"https:\/\/commercialobserver.com\/company\/marcus-millichap\/\" title=\"Marcus &amp; Millichap\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Marcus &amp; Millichap<\/a> <\/b>is expanding and extending at <b><a href=\"https:\/\/commercialobserver.com\/company\/amtrustre\/\" title=\"AmTrustRE\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">AmTrustRE<\/a><\/b>\u2019s <b>260 Madison Avenue<\/b> in Midtown.<\/p>\n<p>The California-based real estate advisory firm added 5,000 square feet to <a href=\"https:\/\/commercialobserver.com\/2015\/04\/marcus-millichap-moving-south-on-madison-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">its existing 36,000-square-foot space<\/a> at the 22-story office building near <b>Grand Central Terminal<\/b>, bringing it to a total of 41,000 square feet at the property, according to the landlord. AmTrustRE acquired the building in October 2025 for $217 million.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/05\/jll-promotes-angela-gentry-new-york-vice-chairman-leasing\/\" rel=\"nofollow noopener\" target=\"_blank\">JLL Promotes Angela Gentry to New York-Area Vice Chairman of Leasing<\/a><\/p>\n<p>AmTrustRE did not disclose the length of the extension \u2014 which expands to the entire ninth floor and part of the 10th floor \u2014 for Marcus &amp; Millichap or the asking rent, but the average office asking rent in Midtown was $85.11 per square foot in March, according to a report from <b><a href=\"https:\/\/commercialobserver.com\/company\/cbre\/\" title=\"CBRE\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">CBRE<\/a><\/b>.<\/p>\n<p>Marcus &amp; Millichap originally signed a 10-year lease in the building in 2015, when it relocated from<b> 270 Madison Avenue<\/b> to the then-<b>Sapir Organization<\/b>-owned 260 Madison.<\/p>\n<p>\u201cAmTrustRE remains committed to investing in New York City office assets, recognizing the strategic opportunity to acquire and reposition buildings in core markets like Midtown Manhattan,\u201d <b>Jonathan Bennett<\/b>, president of AmTrustRE, said in a statement. \u201cThis commitment guided the acquisition and capital investment at 260 Madison Avenue, which has already secured the retention of a high-quality tenant like Marcus &amp; Millichap and strong demand from companies seeking a modern workspace.\u201d\u00a0<\/p>\n<p><b>CBRE<\/b>\u2019s <b>Evan Fiddle<\/b> negotiated on behalf of Marcus &amp; Millichap, while CBRE\u2019s <b>Paul Amrich<\/b>, <b>Neil King<\/b>, <b>Meghan Allen<\/b>, <b>Chris Corrinet<\/b> and <b>Kelly Tipton<\/b> handled the deal for AmTrustRE alongside in-house representation from <b>Samuel Salberg<\/b>.<\/p>\n<p>CBRE did not immediately respond to a request for comment.<\/p>\n<p>Other tenants in the building include tax preparation service <b>1-800 Accountant<\/b> and recruiter <b>Household Staffing Agency<\/b>, as well as law firms <b>McLaughlin &amp; Stern<\/b> and <b>Khunkhun Law<\/b>.<\/p>\n<p>Mark Hallum can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/05\/marcus-millichap-lease-expansion-amtrustre-260-madison-avenue\/mailto:mhallum@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Marcus &amp; Millichap is expanding and extending at AmTrustRE\u2019s 260 Madison Avenue in Midtown. The California-based real estate&hellip;\n","protected":false},"author":3,"featured_media":812750,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5122],"tags":[330183,5229,330184,330185,241822,330186,7745,330187,330188,405,403,5226,5225,5228,5227,49428,330189,330190,67,586,132,5230,68,2969],"class_list":["post-812749","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-260-madison-avenue","tag-america","tag-chris-corrinet","tag-evan-fiddle","tag-jonathan-bennett","tag-kelly-tipton","tag-leases","tag-meghan-allen","tag-neil-king","tag-new-york","tag-new-york-city","tag-newyork","tag-newyorkcity","tag-ny","tag-nyc","tag-office-leases","tag-paul-amrich","tag-samuel-salberg-channel","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116613922634111264","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/812749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=812749"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/812749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/812750"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=812749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=812749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=812749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}