International Workplace Group (IWG), the parent company of Regus, has signed a 22,000-square-foot lease covering the entire 26th and 27th floors at 475 Park Avenue South, according to Connect CRE. The deal gives IWG/Regus additional space in Midtown South as it expands its footprint in the area.
The lease is the largest of several recent transactions at 475 Park Avenue South. The activity also includes a new lease, an expansion, and two renewals, pointing to continued demand for office space at the property.
Tenant: International Workplace Group (IWG)/Regus
Building: 475 Park Avenue South
Floor: 26th and 27th
Lease term: Not disclosed
SF: 22,000