Chimera Investment Corporation has finalized a significant 15-year lease agreement for expanded office space at the prestigious 1 Rockefeller Plaza. This move represents a substantial commitment to the heart of New York City’s business landscape, relocating from their previous location within Rockefeller Center.
Key Takeaways
- Chimera Investment Corporation has signed a 15-year lease for 22,000 square feet at 1 Rockefeller Plaza.
- The new space spans the 32nd floor and portions of the 33rd and 34th floors.
- This expansion marks a move from Chimera’s previous 15,000-square-foot office at 630 Fifth Ave.
- The deal highlights Rockefeller Center’s continued appeal to the investment sector.
A Strategic Expansion
Chimera Investment Corporation, an internally managed Real Estate Investment Trust (REIT) established in 2007, focuses on a diverse portfolio of residential mortgage assets. The company’s decision to commit to a long-term lease at 1 Rockefeller Plaza signifies confidence in the iconic location and its ability to support their ongoing growth.
Tishman Speyer Welcomes Long-Term Commitment
EB Kelly, senior managing director at Tishman Speyer and head of Rockefeller Center, expressed enthusiasm about Chimera’s decision. "We’re thrilled that Chimera has decided to make Rockefeller Center their headquarters after getting to know the campus," Kelly stated. He further emphasized that the lease "underscores the enduring appeal of Rockefeller Center to New York’s investment industry, and we’re proud to continue to provide a setting that supports their long-term growth at one of the world’s most iconic addresses."
Brokerage Representation
During the lease negotiations, Chimera Investment Corporation was represented by Conor Denihan and Connor Desimone of CBRE. Tishman Speyer’s representation was handled in-house by Blythe Kinsler and Kate Walker.