{"id":1004270972,"date":"2018-10-11T04:39:56","date_gmt":"2018-10-11T12:39:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004270972"},"modified":"2022-12-08T12:57:15","modified_gmt":"2022-12-08T20:57:15","slug":"icsc-to-open-new-hq-in-new-york-city","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/icsc-to-open-new-hq-in-new-york-city\/","title":{"rendered":"ICSC to Open New HQ in New York City"},"content":{"rendered":"<p>By Holly Dutton<\/p>\n<div id=\"attachment_1004270975\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1251-ave-of-americas-1-e1539198102270.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004270975\" data-attachment-id=\"1004270975\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/icsc-to-open-new-hq-in-new-york-city\/1251-exterior\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1251-ave-of-americas-1-e1539198102270.jpg\" data-orig-size=\"1903,1431\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Mitsui Fudosan America, Inc.&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;1251 Avenue of the Americas&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;1251-Exterior&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1251-Exterior\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1251 Avenue of the Americas&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1251-ave-of-americas-1-e1539198102270.jpg?w=1024\" class=\"wp-image-1004270975 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1251-ave-of-americas-1-e1539198102270.jpg\" alt=\"\" width=\"300\" height=\"226\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1251-ave-of-americas-1-e1539198102270.jpg 1903w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1251-ave-of-americas-1-e1539198102270.jpg?resize=300,226 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1251-ave-of-americas-1-e1539198102270.jpg?resize=768,578 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1251-ave-of-americas-1-e1539198102270.jpg?resize=1024,770 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/1251-ave-of-americas-1-e1539198102270.jpg?resize=1536,1155 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004270975\" class=\"wp-caption-text\">1251 Avenue of the Americas<\/p><\/div>\n<p>The International Council of Shopping Centers (ICSC) has signed a lease for its global headquarters at Mitsui Fudosan America Inc.\u2019s (MFA) New York City office tower 1251 Avenue of the Americas. ICSC will occupy the entire 45<sup>th<\/sup> floor, with a total of 44,100 square feet.<\/p>\n<p>ICSC, the global association representing the retail sector, will move from its current home nearby at 1221 Avenue of the Americas to its new location by mid to late 2019 for a 16-year term. Other tenants at 1251 Avenue of the Americas include Mizuho Corporate Bank, McGuire Woods LLP, DLA Piper, Berenberg Capital Markets and McGraw Hill Financial.<\/p>\n<p>In 2019, MFA will invest in several upgrades to the asset, including a redesign of the lobby, upgrade of the elevator system and the addition of new restaurants.<\/p>\n<p>JLL\u2019s Chris Kraus and Daoud Awad represented ICSC in the lease. NKF\u2019s David Falk, Peter Shimkin, Eric Cagner and Nick Berger represented MFA.<\/p>\n<p><em>\u201cWe are delighted to welcome this prestigious organization to 1251 Avenue of the Americas<\/em>,\u201d said Christopher Perez, senior vice president of MFA, in a prepared statement. <em>\u201cSixth Avenue is more vibrant today than any time in its history, and its location in the heart of Midtown provides ICSC with ideal access to its retail and real estate members.\u201d<\/em><\/p>\n<p>MFA has been very active in New York City over the past few years. The firm is one of three developers that <a href=\"https:\/\/www.commercialsearch.com\/news\/tishman-speyers-nyc-office-tower-lands-1-8b\/\">teamed up to build 50 Hudson Yards<\/a>, a forthcoming $3.9 billion office tower, and in 2015 the firm <a href=\"https:\/\/www.commercialsearch.com\/news\/mitsui-fudosan-america-takes-majority-stake-in-55-hudson-yards-as-construction-starts\/\">purchased a majority stake<\/a> in 55 Hudson Yards.<\/p>\n<p><em>Image courtesy of Mitsui Fudosan America Inc.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global retail association will occupy a full floor at 1251 Avenue of the Americas, owned by Mitsui Fudosan America Inc.<\/p>\n","protected":false},"author":745,"featured_media":1004270975,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,1600,21742,10,21747],"tags":[36509,33018,32796,32831,36007],"class_list":["post-1004270972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-new-york","category-latest","category-northeast","category-office","tag-david-falk","tag-icsc","tag-jll","tag-mitsui-fudosan-america-inc","tag-newmark-knight-frank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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