{"id":239443,"date":"2026-05-21T16:39:08","date_gmt":"2026-05-21T16:39:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/239443\/"},"modified":"2026-05-21T16:39:08","modified_gmt":"2026-05-21T16:39:08","slug":"marcus-millichap-expands-to-41k-sf-at-amtrustres-260-madison-avenue-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/239443\/","title":{"rendered":"Marcus & Millichap Expands to 41K SF at AmTrustRE\u2019s 260 Madison Avenue \u2013 Commercial Observer"},"content":{"rendered":"

Marcus & Millichap<\/a> is expanding and extending at AmTrustRE<\/a>\u2019s 260 Madison Avenue in Midtown.<\/p>\n

The California-based real estate advisory firm added 5,000 square feet to its existing 36,000-square-foot space<\/a> at the 22-story office building near Grand Central Terminal, 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

SEE ALSO: JLL Promotes Angela Gentry to New York-Area Vice Chairman of Leasing<\/a><\/p>\n

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 & 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 CBRE<\/a>.<\/p>\n

Marcus & Millichap originally signed a 10-year lease in the building in 2015, when it relocated from 270 Madison Avenue to the then-Sapir Organization-owned 260 Madison.<\/p>\n

\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 Jonathan Bennett, 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 & Millichap and strong demand from companies seeking a modern workspace.\u201d\u00a0<\/p>\n

CBRE\u2019s Evan Fiddle negotiated on behalf of Marcus & Millichap, while CBRE\u2019s Paul Amrich, Neil King, Meghan Allen, Chris Corrinet and Kelly Tipton handled the deal for AmTrustRE alongside in-house representation from Samuel Salberg.<\/p>\n

CBRE did not immediately respond to a request for comment.<\/p>\n

Other tenants in the building include tax preparation service 1-800 Accountant and recruiter Household Staffing Agency, as well as law firms McLaughlin & Stern and Khunkhun Law.<\/p>\n

Mark Hallum can be reached at mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Marcus & Millichap is expanding and extending at AmTrustRE\u2019s 260 Madison Avenue in Midtown. The California-based real estate…\n","protected":false},"author":2,"featured_media":239444,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[93583,93584,93585,93586,93587,2361,38337,38338,9,11,10,2362,38339,93588],"class_list":["post-239443","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-260-madison-avenue","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-headlines","tag-new-york-news","tag-office-leases","tag-paul-amrich","tag-samuel-salberg-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/239443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=239443"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/239443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/239444"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=239443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=239443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=239443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}